UAE: Inflation comes in at highest level since November 2018 in September
Consumer prices rose 0.12% in September over the previous month, a smaller increase than the 0.43% rise seen in August. The lower print came amid weaker price pressures for transportation, in large part due to government-mandated decreases in petrol and diesel prices.
Inflation increased to 1.2% in September from August’s 0.5%. September’s figure marked the highest inflation rate since November 2018. Meanwhile, the trend pointed up, with the annual average variation of consumer prices coming in at minus 1.0% in September (August: -1.3%).