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The Bayt.com Middle East Consumer Confidence Index- August 2012

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August 21, 2012

The goal of the Middle East Consumer Confidence Index analysis is to understand the perceptions and attitudes of Middle Eastern consumers regarding the economy of their countries, their personal financial and job situation, their likelihood to purchase and invest and the employment and jobs market in general. Job seekers surveyed were spread across Dubai, Abu Dhabi, UAE, Kuwait, Qatar, Bahrain, Jordan, Lebanon, Egypt, Morocco and other Middle Eastern and North African countries.

Survey Highlights:

  • • Consumer Confidence in the UAE, sees some improvement across all the indices in comparison to the last wave.
  • • 65% of professionals claim that salaries are not keeping pace with the cost of living.
  • • 33% of professionals say that the current period is a bad time for business. However, 49% say this would improve in a year’s time.

Respondents' Profile: Professionals holding jobs in Dubai, Abu Dhabi, Kuwait, KSA, Qatar, Bahrain, Jordan, Lebanon, Morocco and elsewhere in the Middle East and North Africa at all career levels and across all industries were included in this Middle East HR Research Survey including professionals holding jobs in banking, financial services, IT, engineering, architecture, human resources, media, advertising, marketing, sales, government, consulting, publishing and other key employment sectors in the Middle East.

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