United Arab Emirates Inflation December 2021

United Arab Emirates

United Arab Emirates: Inflation recedes in December

January 19, 2022

Consumer prices increased 0.02% over the previous month in December, coming in below November's 0.59% rise. December's result marked the weakest reading since July.

Inflation came in at 2.5% in December, which was down from November’s 2.6%.

December’s print meant that annual average inflation for 2021 overall totaled 0.2%.

FocusEconomics Consensus Forecast participants expect consumer prices to grow 1.9% on average in 2022, which is up 0.1 percentage points from last month’s forecast. For 2023, they see inflation averaging 1.7%.


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United Arab Emirates Inflation Chart

UAE Inflation December 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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