Sentiment in Saudi
October 5, 2021
Sila Consumer Sentiment Index – QATAR: Sep, 2021

SUMMARY Qatar consumer sentiment has ended on a significant down note for the quarter. A second overall drop in Sentiment since the 2021 high of 51 basis points, (barely net-positive) returns sentiment on a downward trend with September resulting in a – 4.3 point drop to 44.6 basis points. “For the first time in 2021, […]

Sentiment in Saudi
October 5, 2021
Sila Consumer Sentiment Index – KUWAIT: Sep, 2021

SUMMARY Kuwait is a unique economy in the GCC. Although there are structural issues, heavily driven by oil, Kuwait has a substantial amount of its economy reliant on the public purse. Therefore, sentiment is often high and needs to be looked at through patterns of change – this month we see growth coming from confidence […]

Sentiment in Saudi
October 5, 2021
Sila Consumer Sentiment Index – UAE: Sep, 2021

SUMMARY The UAE’s Sila CSI for September has taken another small hit with a decline overall of just – 0.4 basis points. Business was the only contributor to the loss in sentiment, with employment and economy, although at very different scales and impact, remaining in positive growth states. “With employment growth remaining strong and consistent, […]

Sentiment in Saudi
October 5, 2021
Sila Consumer Sentiment Index – Saudi: Sep, 2021

SUMMARY  In September, the Sila Saudi consumer sentiment index (CSI) saw a significant decline, with all 3 indexes losing multiple basis points in consumer sentiment.Business continues to be lagging other markets across the series considerably, bringing the overall sentiment scores down in comparison. Employment and Economy have been sustaining a net-positive position since the beginning […]

Sentiment in Saudi
October 5, 2021
Sila Consumer Sentiment Index – GCC: Sep, 2021

SUMMARY Overall consumer sentiment is net positive in the GCC. While some member states are faring better than others, the complete picture is one of net positive consumer sentiment. There are areas of concern as the growth of sentiment eases, however, on the whole, it seems the consumers of the Gulf are largely positive. “Moderate […]

Sentiment in Saudi
September 14, 2021
Sila Consumer Sentiment Index – KUWAIT: Aug, 2021

SUMMARY Kuwait is a unique economy in the GCC. Although there are structural issues, heavily driven by oil, Kuwait has a substantial amount of its economy reliant on the public purse. Therefore, sentiment is often high and needs to be looked at through patterns of change – this month we see growth coming from confidence […]

Sentiment in Saudi
September 14, 2021
Sila Consumer Sentiment Index – Qatar: Aug, 2021

SUMMARY Qatar consumer sentiments’ net positive position n July was short-lived with a drop in August of -2.1 basis points. All indices contributed to the decline in overall sentiment with the most notable being employment with a -6.6 point drop after a 3-month growth run. “Across most metrics, Qatar’s slower growth compared to other GCC […]

Sentiment in Saudi
September 14, 2021
Sila Consumer Sentiment Index – SAUDI: Aug, 2021

SUMMARY In August, the Sila Saudi consumer sentiment index (CSI) returned to a growth position, with all 3 indexes increasing in consumer sentiment. The overall sentiment still remains at a net negative position however with confidence in business lagging other markets across the series considerably. “We have seen an increase across all our major indices […]

Sentiment in Saudi
September 14, 2021
Sila Consumer Sentiment Index – UAE: Aug, 2021

SUMMARY The UAE’s Sila CSI has returned to positive growth in August after a substantial July drop, 72.5 (+1.3) basis points. All major indices had an increase this month, with the most significant being employment, a clear indicator for a confident consumer market overall. “After a slight pause, growth in all UAE indices signals a positive […]

Sentiment in Saudi
September 13, 2021
Sila Consumer Sentiment Index – GCC: Aug, 2021

SUMMARY  Overall consumer sentiment is net positive in the GCC. While some member states are faring better than others, the complete picture is one of net positive consumer sentiment. There are areas of concern as the growth of sentiment eases, however, on the whole, it seems the consumers of the Gulf are largely positive. August […]