United Arab Emirates Inflation September 2021

United Arab Emirates

United Arab Emirates: Inflation comes in at highest level since November 2018 in September

October 18, 2021

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%).

FocusEconomics panelists project consumer prices to increase 1.8% in 2022, which is down 0.1 percentage points from last month’s forecast, and 1.7% in 2023.


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UAE Inflation September 2021 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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