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

Survey Highlights:

• Only27% of the total respondents in this wave feel that their personal financial situation is better than last year.31% opine that it is worse.
• Less than a quarter of respondents (23%) feel that the current period is good for business.38% opine that it is not good.
•45% of the respondents have positive expectations for the country’s future economy and financial conditions. Another16% feel that it would remain the same.
•45% of the respondents say that now is not a good time to buy consumer durables.

Respondents' Profile: Professionals holding jobs in Dubai, Abu Dhabi, Kuwait, KSA, Oman, 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.