A recent survey by global marketing research firm has given seventh rank to the United Arab Emirates (UAE) in the list of world’s most optimistic nations in terms of consumer confidence level, during the second quarter of 2009.
The UAE was said to have registered a five-point rise in its confidence level, by AC Neilson in its Global Consumer Confidence Survey report, reflecting hopes of early revival of its economy.
The survey showed that optimism was expressed by 82 percent of people in the UAE regarding the country’s recovery from the slowdown in the next 12 months. This comes as a rise by five points, from the 77 percent who expressed similar confidence in March 2009.
The highest jump in consumer confidence was shown by India, a 13-point leap from 99 in the March 2009 survey. On the other hand, Japan, South Korea, Hong Kong and Indonesia hiked 9 points each.
An 8-point increase was seen by Taiwan and Brazil in their consumer confidence levels. The same increased 7 points in Singapore, Turkey, Russia, Philippines and the United Kingdom.
The second quarter saw the consumer confidence in the United States and New Zealand remaining flat, while Germany was the only country to register a decline of one Index point.
