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Dubai consumer confidence index hits highest since 2017

Dubai consumer confidence index hits highest since 2017
The CCI stood at 140 points by the end of March

UAE – Mubasher: Dubai’s consumer confidence index (CCI) hiked in the first quarter of 2019, marking the highest level since the fourth quarter of 2017, according to recent data released by the department of economic development (DED), Dubai Economy.

The CCI stood at 140 points by the end of March, compared to 135 points in Q1-18.

The index recorded a rise in most of all measured indicators during the three-month period ended last March, as consumers have a positive outlook for personal financial conditions and job opportunities over the coming 12 months, in addition to higher purchasing power rating.