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Improving Consumer Outlook As Economic Growth Returns

Over 2018, we hold an improved view for Saudi Arabia's consumer outlook, owing to more favourable economic conditions. Saudi Arabia's economy will emerge from recession in 2018, boosting the outlook for the consumer market slightly. We do caution that growth will remain tepid, due to inflation returning following fiscal reforms and a rise in oil prices, with non-oil industry diversification not picking up significantly over the short term.




Nick Jotischky

Head of Custom Research
Country Risk | London

Michelle Berman

Head of Consumer Research
Retail | London


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