UAE: Dubai inflation drops to lowest level since August in November

UAE Inflation November 2023

UAE: Dubai inflation drops to lowest level since August in November

Inflation in Dubai came in at 3.3% in November, down from October’s 4.3%. November’s result represented the weakest inflation rate since August.

Annual average inflation ticked down to 3.5% in November (October: 3.6%).

Lastly, consumer prices in Dubai dropped 0.16% in November over the previous month, swinging from October’s 0.28% increase. November’s result marked the weakest reading since January.

Meanwhile, the statistical office recently released new data for the UAE as a whole. According to the release, inflation in the UAE as a whole fell 1.0% in Q2 2023 from 3.6% in Q1 2023.

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