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‘IDSC’: Consumer Confidence in Economy up 11.9% in January

Source: www.export-egypt.com 2/10/2014, Location: Africa

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Consumer Confidence Index rose in January 2014 compared to the previous month, according to data released on 9/2/2014 from the Cabinet's Information and Decision Support Centre (IDSC).

The index increased 11.9 per cent to 112.8 points last month, compared to 100.8 points in December, an upsurge that the IDSC attributed to households believing that income levels and living conditions have improved.

Egypt’s family income index rose in January as well, up 23.2 per cent against the previous month to reach 62.7 points.

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