United Arab Emirates: Inflation continues to moderate in November
December 24, 2018
Consumer prices fell 0.30% in November from the previous month, following October’s 0.48% decline. November’s reading came on the back of lower prices for transportation; housing, water, electricity and gas; recreation and culture; and furniture and household goods.
Inflation fell from 1.6% in October to 1.3% in November, while annual average inflation was stable at October’s 3.3% in November.
Author: Joffrey Simonet, Economist