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FINANCIAL NEWS
Abu Dhabi’s consumer confidence improves in 2012
17 Mar 2013
(MENAFN) Abu Dhabi’s Department of Economic Development’s Studies Directory stated that the general consumer sentiment in the economic performance grew to nearly 125 points last year from 118 points in 2011, reported Emirates 24/7.
The department added that in January 2012, consumer confidence rose to 127 points from 118 points in the same month a year before, whereas in December it reached 124 points from 122 points in December 2011.
It said that the rate of change of the general consumer confidence in the economic performance index of the emirate was 5.9 percent in 2012, whereas the financial conditions indicator reached 110 points with the rate of change at 7.8 percent from 2011.
Meanwhile, the confidence in government policies indicator posted a rate of change of 2.6 percent, at 117 points, and the future expectations index reached 147 points, rising by 5 percent from a year before.
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