UAE consumers continued their strong spending habits in the second quarter of 2024, increasing their investment in fast-moving consumer goods (FMCG) – including household items and personal care products -compared to the same period in the previous year.
Consumers also increased investment in technology and durable goods, reflecting growing consumer confidence, rising disposable income of its residents, and highlighting the country’s robust retail market.
According to the latest insights from the NielsenIQ (NIQ) Retail Spend Barometer, powered by GfK intelligence, UAE shoppers spent a total of $2.3 billion on FMCG and $1.5 billion on tech and durable products in Q2 2024, marking a 4 per
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