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Consumer’s confidence index for July highest in 62 months

Consumer’s confidence index for July highest in 62 months

13 Sept 08:09 Key points summarised by AI
  • Consumer confidence in July soared to 82.2, marking a 62-month high, primarily driven by robust expansion in the tourism and export sectors.
  • This surge across all confidence indicators signals a recovering economy with expanding purchasing power, projecting a 4.5-5% growth rate this year, with potential for higher growth next year through government investment.
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