UAE: Inflation recedes in December

UAE Inflation

UAE: Inflation recedes in December

Consumer prices increased 0.02% over the previous month in December, coming in below November’s 0.59% rise. December’s result marked the weakest reading since July.

Inflation came in at 2.5% in December, which was down from November’s 2.6%.

December’s print meant that annual average inflation for 2021 overall totaled 0.2%.

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