Saudi consumer confidence up 4 points


(MENAFN) Saudi Arabia registered the second biggest three-month increase for consumer confidence index by four points in the second quarter for this year, compared to 12-point decline in the previous quarter, Saudi Gazette reported. managing director of Nielsen Saudi Arabia, Arslan Ashraf, attributed the decline in first quarter to new strict regulations for export workers, while in April " a three-month grace period was granted" which reflected a positive impact. It's worth mentioning that the kingdom followed Pakistan, as the later reisterd the highest increase for the quarter of 11 index point.


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