United Arab Emirates Inflation June 2021

United Arab Emirates

United Arab Emirates: Consumer prices growth moderates in June

September 19, 2021

Consumer prices increased 0.19% from the previous month in June, coming in below the 0.25% increase seen in May. June's result marked the weakest reading since March, with the print partly driven by weaker food price growth.

Consumer prices fell 0.5% year-on-year in June, following May’s 0.4% year-on-year fall. The trend pointed up mildly, with the annual average variation of consumer prices coming in at minus 1.7% in June (May: minus 1.8%).

FocusEconomics Consensus Forecast participants expect consumer prices to grow 0.3% on average in 2021, which is unchanged from last month’s forecast. For 2022, they see inflation averaging 1.8%, which is also unchanged from last month’s forecast.


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United Arab Emirates Inflation Chart


UAE Inflation June 2021

Note: Year-on-year and month-on-month variation of consumer price index in %.
Source: Federal Competitiveness and Statistics Authority (FCSA).


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