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42nd Consumer Confidence Survey begins tomorrow in Oman to gauge the nation’s financial health

Starting tomorrow, the National Center for Statistics and Information (NCSI) will commence the 42nd session of the Consumer Confidence Survey for the second quarter of 2024.

TAS News Service

info@thearabianstories.com

Saturday, June 1, 2024

Muscat: Spanning two weeks, this survey will gather vital economic data from Omani citizens to gauge the nation’s financial health and economic outlook.

The Consumer Confidence Survey, targeting Omani citizens aged 18 and above, will involve at least 1,500 participants from various governorates. The NCSI ensures a balanced representation of gender, age groups, and educational levels among the respondents. Data collection will be conducted via telephone calls from the NCSI’s Communications Center, ensuring a broad and inclusive sample.

The survey aims to measure several key economic indicators, including the financial condition of Omani families, factors influencing the economy positively or negatively, future economic expectations, and job opportunity availability.

Confidentiality is paramount in this survey, as mandated by Article 11 of the Statistics Law issued by Royal Decree No. 55/2019. All individual data will remain confidential and will be published only in aggregated form. This legal framework prohibits any individual or entity from sharing or using the data for non-statistical purposes, ensuring the privacy and integrity of the collected information.

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