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Jordan consumer confidence rises, signaling improving economic sentiment – GiG’s Smadi

By : JD News Desk


Jordan Daily – Jordan’s consumer confidence rose 1.3% year-on-year in the third quarter of 2025 to 40.7%, reflecting stronger optimism about the national economy, according to Mohammad Smadi, Business Leader at Giant Industrial Group (GiG) and Board Member at EuroCham Jordan.

Smadi said in press remarks seen by Jordan Daily, the increase, along with gains across all sub-indices- particularly a 5.8% rise in confidence toward the local economy- indicates a gradual improvement in economic sentiment and trust in Jordan’s investment environment.

He attributed the trend to government efforts under the Economic Modernization Vision, which aim to simplify procedures, stimulate investment, and strengthen public-private partnerships. Sustaining this momentum, he said, will translate into better living standards and more job opportunities.

“Higher confidence typically drives spending and local consumption, boosting economic activity and encouraging private sector expansion,” Smadi noted.

He emphasized that maintaining macroeconomic stability and expanding production and exports are key to achieving inclusive and sustainable growth, reinforcing Jordan’s position as a regional investment hub.

According to the Ipsos Consumer Confidence Index, Jordan’s consumer sentiment rose 1.3% year-on-year in the third quarter. The quarterly national survey tracks consumers’ views on current and future economic conditions, personal finances, and attitudes toward saving and investment.

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