United Arab Emirates Inflation April 2019

United Arab Emirates

United Arab Emirates: Drop in consumer prices moderates in April

June 2, 2019

Consumer prices rose 0.17% month-on-month in April, contrasting the 0.59% fall recorded in March. The April print came on the back of a softer drop in prices for housing, water, electricity and gas as well as higher prices for transportation, restaurants and hotels and furniture and household goods.

In year-on-year terms, consumer prices fell 2.1% in April, above March’s 2.5% decline. Meanwhile, annual average inflation fell from 1.4% in March to 0.9% in April.

United Arab Emirates Inflation Forecast


FocusEconomics Consensus Forecast participants expect inflation to average 0.7% in 2019, down 1.0 percentage point from last month’s forecast, and 2.0% in 2020.


Author: Ricard Torné, Lead Economist

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United Arab Emirates Inflation Chart


UAE Inflation April 2019 0

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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