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
|Inflation Rate (CPI, annual variation in %)||1.1||2.4||4.1||1.6||2.0|
5 years of economic forecasts for more than 30 economic indicators.
United Arab Emirates Inflation Chart
Source: National Bureau of Statistics.
United Arab Emirates Facts
|Exchange Rate||3.67||0.0 %||Jan 14|
|Stock Market||0.3||0.75 %||Jan 14|
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December 24, 2018
Consumer prices fell 0.30% in November from the previous month, following October’s 0.48% decline.
December 6, 2018
The Emirates NBD Purchasing Managers’ Index (PMI) rose to 55.8 in November, from 55.0 in October.
November 27, 2018
Consumer prices fell 0.48% in October from the previous month, up from September’s 0.61% decline.
November 23, 2018
Consumer prices fell 0.61% in September from the previous month, contrasting August’s 0.15% rise.
November 5, 2018
The Emirates NBD Purchasing Managers’ Index (PMI) edged down to 55.0 in October, from 55.3 in September.