United Arab Emirates: Inflation inches up in August
October 26, 2018
Consumer prices rose 0.15% in August from the previous month, contrasting July’s 0.05% decline. August’s figure was driven by higher prices for food and beverages. Inflation ticked up from 3.8% in July to 3.9% in August, while annual average increased from 2.9% in July to 3.2% in August.
United Arab Emirates Inflation Forecast
FocusEconomics Consensus Forecast participants expect inflation to average 2.5% in 2019 and 2.6% in 2020.
Author: Joffrey Simonet, Economist