oman tops mideast in consumer confidence
Last Updated : GMT 03:09:26
Arab Today, arab today
Arab Today, arab today

Oman tops Mideast in consumer confidence

Arab Today, arab today

Arab Today, arab today Oman tops Mideast in consumer confidence

Muscat - Arabstoday

Consumers in Oman are extremely optimistic about the coming months. In fact, at 93.6, Oman has the Middle East\'s highest consumer confidence score -” a position it shares with Qatar, which holds an identical score, according to the results of the latest MasterCard Worldwide Index of Consumer Confidence. The MasterCard Worldwide IndexTM of Consumer Confidence (Index) is based on a survey conducted between December 5, 2011 and February 8, 2012 on 12,915 respondents aged 18 to 64 years in 25 countries within Asia/Pacific, Middle East and Africa. Now in its 20th year in Asia/Pacific and its 9th year in the Middle East and Africa, the Index is the region\'s most comprehensive and longest running consumer confidence survey. The Index is based on a survey which measures consumer confidence on prevailing expectations in the market over the next six months, based on five economic indicators: Economy, Employment, Stock Market, Regular Income and Quality of Life. The Index score is calculated with zero as the most pessimistic, 100 as most optimistic and 50 as neutral. Consumers in Oman are optimistic in their attitudes towards all five indicators. Consumers are most optimistic about Quality of Life (98.2 vs. 97.7 in previous Index) and Economy (97.9 vs. 99.4). However, all indicators of consumer confidence were rated as being optimistic, including Employment (96.5 vs. 100), Regular Income (94.5 vs. 99.3) and the Stock Market (80.6 vs. 97.6). The survey also highlighted that female respondents (96.1) tend to be more optimistic about their prospects for the coming months than their male counterparts (91.2) and that consumers over the age of 30 (95.5) are also more optimistic than younger respondents (92.1). \"This is the second time that Oman has been included in the Index, and we are pleased to see that consumers remain extremely optimistic in their expectations for the coming months. The positive sentiment is in line with Oman\'s robust economic performance and growing GDP per capita in recent years,- said Raghu Malhotra, division president, Middle East and North Africa, MasterCard Worldwide. In the Middle East, the consumer confidence score of 85.7 is not only an increase as compared to six months ago (82.8), but consumer confidence levels are at a record high since the Index was launched in the region in 2004. Respondents indicated an increase in confidence levels for four of the five indicators as compared to six months ago, and were most optimistic about Regular Income (91.3 vs. 86.3). Consumers in the Middle East were also very optimistic about Quality of Life (87.6 vs. 81.5), Economy (86.5 vs. 82.5) and Employment (85.5 vs. 82.9). Despite witnessing a slight decrease in confidence levels, consumers remain very optimistic about the Stock Market (77.8 vs. 81.0). The Middle East\'s aggregate score of 85.7 also remains substantially higher than that of Asia/ Pacific (52.1) and Africa (73.8).

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

oman tops mideast in consumer confidence oman tops mideast in consumer confidence

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

oman tops mideast in consumer confidence oman tops mideast in consumer confidence

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today PNG police start removing refugees

GMT 03:00 2017 Friday ,24 November

PNG police start removing refugees
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria congress to go ahead

GMT 02:24 2017 Friday ,24 November

Syria congress to go ahead
Arab Today, arab today IS media offline for a day

GMT 02:10 2017 Friday ,24 November

IS media offline for a day
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Human form of 'mad cow' disease

GMT 00:11 2017 Friday ,24 November

Human form of 'mad cow' disease
Arab Today, arab today British woman jailed in Iran to appear

GMT 03:19 2017 Friday ,24 November

British woman jailed in Iran to appear
Arab Today, arab today 'Trash islands' off Central America indicate

GMT 20:19 2017 Friday ,24 November

'Trash islands' off Central America indicate
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mitsubishi Materials units falsified product

GMT 03:24 2017 Friday ,24 November

Mitsubishi Materials units falsified product
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Solaf happy for participating in “Hotline”

GMT 07:56 2017 Wednesday ,22 November

Solaf happy for participating in “Hotline”
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 09:12 2017 Thursday ,23 November

4 in 10 cancers due to modifiable risk

GMT 10:47 2017 Wednesday ,22 November

The Big Apple bike boom

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday