Inflation in United Arab Emirates

United Arab Emirates Inflation | Economic News & Forecasts

United Arab Emirates - Inflation

Inflation recedes in December

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%.

United Arab Emirates - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)4.1  1.6  2.0  3.1  -1.9  

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United Arab Emirates Inflation Chart

UAE Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: National Bureau of Statistics.

United Arab Emirates Facts

Value Change Date
Exchange Rate3.670.0 %Dec 31
Stock Market0.10.75 %Jan 07

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