United Arab Emirates Inflation November 2021

United Arab Emirates

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

December 19, 2021

Consumer prices increased 0.59% in November over the previous month, coming in below October's 0.70% rise, amid weaker price pressures for food and transport.

Inflation increased to 2.6% in November from October’s 1.9%. November's result was the highest inflation rate since September 2018. The annual average variation of consumer prices rose to minus 0.2% in November (October: -0.6%).

FocusEconomics panelists project consumer prices to increase 1.8% in 2022, which is unchanged from last month’s forecast, and 1.6% in 2023.


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United Arab Emirates Inflation Chart

UAE Inflation November 2021 1

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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