#Annual forecast 2023

Consumers spend in 2023 - trends

UAE consumers to shop, dine out more, but spend less per visit in 2023: Mastercard Economics Institute

The report expects inflationary pressure to ease in 2023, with the average inflation rate of developed economies falling from 7.1 per cent year-on-year in Q4 2022 to 3.1 per cent year-on-year in Q4 2023