In Q4 of 2022, consumer spending in the non-retail economy in the United Arab Emirates grew by 27 percent. The last three quarters of 2022 saw relatively similar consumer spending growth, between 27 and 29 percent. The second quarter of 2021 saw the biggest jump over the previous quarter, with an increase of 68 percent. The first quarter of 2021 was the only period to record a decline in consumer spending growth, which was most likely due to strict COVID-19 restrictions still in place at the time.
Quarter on quarter non-retail economy consumer spending growth in the United Arab Emirates from Q1 2021 to Q4 2022
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Majid Al Futtaim. (August 2, 2023). Quarter on quarter non-retail economy consumer spending growth in the United Arab Emirates from Q1 2021 to Q4 2022 [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1453709/uae-qoq-non-retail-economy-consumer-spending-growth/
Majid Al Futtaim. "Quarter on quarter non-retail economy consumer spending growth in the United Arab Emirates from Q1 2021 to Q4 2022." Chart. August 2, 2023. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1453709/uae-qoq-non-retail-economy-consumer-spending-growth/
Majid Al Futtaim. (2023). Quarter on quarter non-retail economy consumer spending growth in the United Arab Emirates from Q1 2021 to Q4 2022. Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1453709/uae-qoq-non-retail-economy-consumer-spending-growth/
Majid Al Futtaim. "Quarter on Quarter Non-retail Economy Consumer Spending Growth in The United Arab Emirates from Q1 2021 to Q4 2022." Statista, Statista Inc., 2 Aug 2023, https://www.statista.com/statistics/1453709/uae-qoq-non-retail-economy-consumer-spending-growth/
Majid Al Futtaim, Quarter on quarter non-retail economy consumer spending growth in the United Arab Emirates from Q1 2021 to Q4 2022 Statista, https://www.statista.com/statistics/1453709/uae-qoq-non-retail-economy-consumer-spending-growth/ (last visited November 09, 2024)
Quarter on quarter non-retail economy consumer spending growth in the United Arab Emirates from Q1 2021 to Q4 2022 [Graph], Majid Al Futtaim, August 2, 2023. [Online]. Available: https://www.statista.com/statistics/1453709/uae-qoq-non-retail-economy-consumer-spending-growth/