Inflation in United Arab Emirates
United Arab Emirates - Inflation
Inflation continues to moderate in November
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.
FocusEconomics Consensus Forecast participants expect inflation to average 2.3% in 2019, down 0.2 percentage points from last month’s forecast, and 2.6% in 2020.
United Arab Emirates - Inflation Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %) | 1.1 | 2.4 | 4.1 | 1.6 | 2.0 |
United Arab Emirates Inflation Chart
Source: National Bureau of Statistics.
United Arab Emirates Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 3.67 | 0.0 % | Jan 14 |
| Stock Market | 0.3 | 0.75 % | Jan 14 |
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Economic News
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.
United Arab Emirates: PMI rises in November despite intensifying pressure on firms’ margins
December 6, 2018
The Emirates NBD Purchasing Managers’ Index (PMI) rose to 55.8 in November, from 55.0 in October.
United Arab Emirates: Inflation sharply declines in October
November 27, 2018
Consumer prices fell 0.48% in October from the previous month, up from September’s 0.61% decline.
United Arab Emirates: Inflation falls in September
November 23, 2018
Consumer prices fell 0.61% in September from the previous month, contrasting August’s 0.15% rise.
United Arab Emirates: PMI ticks down in October but business confidence reaches record-high
November 5, 2018
The Emirates NBD Purchasing Managers’ Index (PMI) edged down to 55.0 in October, from 55.3 in September.
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