Overall consumer confidence in Dubai remained robust

By Ramy Ghaly | Aug 16, 2012

Overall consumer confidence in Dubai remained robust during the second quarter of 2012, driven largely by a positive outlook on personal finance and strong optimism on job prospects, according to the quarterly consumer confidence index (CCI) published by the Department of Economic Development.

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Indicating that Dubai and its economy continues to invoke positive sentiment and trust among investors, CCI remained at a higher than average level of 122 percentage points during April-June 2012 .

Personal finance showed to be on strong footing with 80 per cent consumers positive in their outlook for the next 12 months, while 75 per cent expressed optimism on their current financial situation. 

Read more: Zawya

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