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Latest Breaking News On - Majid al futtaim happiness lab - Page 2 : comparemela.com
UAE consumer spending grows 19% in 2022
Consumer spending in the UAE rose 19 per cent in 2022 compared to the previous year, a recent report said.
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Revealed: Here s what UAE consumers spent the most on in 2022
Overall spending by UAE consumers was up 19 per cent in 2022 compared to the previous year.
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UAE consumers did slow down spending in Q4-2022, opting for discounts: Majid Al Futtaim survey
Talk of inflation had consumers concerned, and they went for discounts where possible
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UAE consumer spending increases by 22% in H1
Overall spending in the UAE increased by 22% in January to June 2022 (H1) from the same period last year, driven by growth of 16% in retail spending and 31% in non-retail sectors, a report said.
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Retail consumer spending in UAE jumped by 14 per cent in Q1 2022
The non-oil economy is expected to grow by 3.9 per cent this year.
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