Sunday, 7 February 2016

More than half of UAE consumers think they are in recession | GulfNews.com

More than half of UAE consumers think they are in recession | GulfNews.com:

"It's been about seven years since the global financial crisis, but UAE consumers are still worried about the economy’s staying power.

In its latest consumer confidence index, market research firm Nielsen said that 53 per cent of residents polled in the fourth quarter of 2015 believed that they were in recession.

The number of people expressing recessionary sentiment, representing 4.9 million of the UAE’s nearly 10 million population, registered a ten-percentage-point increase from the previous quarter."



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