Mastercard Report: Consumer Spending, Savings and Spending Priorities in Middle East and Africa
Inspite of the financial crisis this report by Mastercard Worldwide Insights on Global Crisis and Consumer Confidence,Savings and Spending Priorities in Middle East and Africa highlights that for the region as a whole the consumer confidence has improved in the second half of 2008 compared to the previous period.
From the point of view of savings the consumers have placed overwhelming importance on savings and 64.8 % in this region are saving for rainy days.
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