UAE 2024 Consumer Outlook: Strong Recovery In Oil Economy Feeds Through To Consumer Segments
Consumer & Retail / United Arab Emirates / Tue 20 Feb, 2024
Key View
- The UAE is forecast to have lower inflation and cost of borrowing which will bode well for real consumer spending in 2024, as well as an expanding youthful population.
- The Central Bank of the UAE will continue to follow the US tightening cycle, holding base rate at 5.40% until at least H124, before gradually cutting the rate by