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Dubai’s Consumer Confidence Index at highest level in Q4, 2020
20 Jan 2021 Expectations of improvement in economic conditions in Dubai over the next 12 months remain high among consumers. Dubai saw its Consumer Confidence Index during the last quarter of 2020 rising to the highest level since the third quarter of 2017.
The Q4, 2020 Index of 142 points was way above the 133 points in the same period last year and 132 points recorded in Q3 2020.
Mohammed Ali Rashed Lootah, CEO of the Commercial Compliance & Consumer Protection Sector in Dubai Economy, said the rising consumer confidence in the emirate was primarily due to expected improvements in personal finance conditions.