Inflation in United Arab Emirates
United Arab Emirates - Inflation (end of period)
Drop in consumer prices moderates in April
Consumer prices rose 0.17% month-on-month in April, contrasting the 0.59% fall recorded in March. The April print came on the back of a softer drop in prices for housing, water, electricity and gas as well as higher prices for transportation, restaurants and hotels and furniture and household goods.
In year-on-year terms, consumer prices fell 2.1% in April, above March’s 2.5% decline. Meanwhile, annual average inflation fell from 1.4% in March to 0.9% in April.
United Arab Emirates Inflation Forecast
FocusEconomics Consensus Forecast participants expect inflation to average 0.7% in 2019, down 1.0 percentage point from last month’s forecast, and 2.0% in 2020.
United Arab Emirates - Inflation (eop) Data
|Inflation Rate (CPI, annual variation in %, eop)||1.4||3.1||3.6||1.2||2.7|
5 years of economic forecasts for more than 30 economic indicators.
United Arab Emirates Inflation (eop) Chart
Source: National Bureau of Statistics.
United Arab Emirates Facts
|Exchange Rate||3.67||0.0 %||Jul 11|
|Stock Market||0.1||0.75 %||Jul 11|
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June 10, 2019
The Emirates NBD Purchasing Managers’ Index (PMI) rose to 59.4 in May from 57.6 in April, the highest reading since October 2014.
June 2, 2019
Consumer prices rose 0.17% month-on-month in April, contrasting the 0.59% fall recorded in March.
May 5, 2019
Consumer prices fell 0.59% month-on-month in March, further declining from the 0.30% fall recorded in February.
May 5, 2019
The Emirates NBD Purchasing Managers’ Index (PMI) rose from 55.7 in March to 57.6 in April, the highest reading since December 2017.
April 9, 2019
Consumer prices fell 0.30% month-on-month in February, coming in below the 0.12% decline recorded in January.