UAE: Fall in consumer prices continues to moderate in May

UAE Inflation

UAE: Fall in consumer prices continues to moderate in May

Consumer prices increased 0.25% in May over the previous month, moderating from the 0.44% rise logged in April. The reading largely reflected higher prices for transportation, food and beverages, as well as for recreation and culture.

Consumer prices declined 0.4% on an annual basis in May, easing from April’s 0.5% fall. May’s result marked the smallest dip in consumer prices since January 2019, although it was partly flattered by a favorable base effect. Consequently, the trend pointed up, with annual average variation of consumer prices coming in at minus 1.8% in May, up from April’s minus 2.0%.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest