FINANCIAL NEWS

Abu Dhabi posts better consumer optimism in Q1

25 Jun 2012

(MENAFN) The Abu Dhabi Department of Economic Development (ADED) released the Consumer Confidence Index Q1 2012 report, which revealed that during the quarter, consumer sentiment in the emirate rose 6 points to 126 points, reported Emirates 24/7.

The figure is compared with 120 points recorded in last year’s first quarter.

It also revealed that the indicators of the current and future situation of Abu Dhabi’s economy are improving when compared to the same period a year earlier.

It is worth noting that the Consumer Confidence Index consisted of 5 indicators that monitor the conditions of national families, business cycle, confidence in business climate and the performance of the industrial sector.

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