Consumer prices in the United Arab Emirates dropped 1.1 percent year-on-year in May of 2019, following a 2.1 percent decline in the previous month. It was the smallest decrease in consumer prices since January, as prices fell at a softer pace for housing & utilities (-5.5 percent vs -5.9 percent in April); food & beverages (-1.0 percent vs -1.4 percent); clothing & footwear (-3.4 percent vs -5.0 percent) and health (-0.1 percent vs -0.2 percent). In addition, transport cost rebounded (0.8 percent vs -2.2 percent) while prices went up faster for communication (0.6 percent vs 0.1 percent); restaurants & hotels (5.4 percent vs 4.8 percent) and recreation & culture (19.1 percent vs 7.9 percent). On the other hand, cost slowed for furniture & household equipment (2.0 percent vs 2.7 percent) and education (1.2 percent vs 1.4 percent). On a monthly basis, consumer prices went up 1.0 percent, following a 0.2 percent rise in April. Inflation Rate in the United Arab Emirates averaged 2.07 percent from 1990 until 2019, reaching an all time high of 12.30 percent in December of 2008 and a record low of -2.50 percent in February of 2019.

Inflation Rate in the United Arab Emirates is expected to be -1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in the United Arab Emirates to stand at 2.10 in 12 months time. In the long-term, the United Arab Emirates Inflation Rate is projected to trend around 2.30 percent in 2020, according to our econometric models.

United Arab Emirates Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-09 08:00 AM Inflation Rate YoY Feb -2.5% -2.4% -2.2%
2019-04-25 04:00 AM Inflation Rate YoY Mar -2.5% -2.5% -1.8%
2019-06-01 08:00 AM Inflation Rate YoY Apr -2.1% -2.5% -1.7%
2019-07-08 02:30 PM Inflation Rate YoY May -1.1% -2.1% -1.6%
2019-07-29 11:50 AM Inflation Rate YoY Jun -1.1% -1.4%
2019-08-23 04:00 PM Inflation Rate YoY Jul -1.8%
2019-10-10 09:00 AM Inflation Rate YoY Aug -2%


United Arab Emirates Prices Last Previous Highest Lowest Unit
Inflation Rate -1.10 -2.10 12.30 -2.50 percent [+]
Consumer Price Index CPI 111.08 108.82 112.29 89.17 Index Points [+]
Food Inflation -1.10 -1.40 8.66 -2.32 percent [+]
Inflation Rate Mom 1.00 0.17 2.70 -0.84 percent [+]
CPI Housing Utilities 111.11 105.19 114.67 96.24 Index Points [+]
CPI Transportation 114.28 109.55 119.41 85.03 [+]


United Arab Emirates Inflation Rate

In United Arab Emirates, the main components of the consumer price index are: Housing (34.1 percent of the total weight); Food and Soft Drinks (14.3 percent) and Transportation (14.6 percent). Education accounts for 7.7 percent; Miscellaneous Goods and Services for 6.3 percent; Furniture and Household Goods for 5.6 percent and Communications for 5.4 percent. Others include: Restaurants and Hotels (4 percent); Recreation and Culture (3.2 percent); Textiles, Clothing and Footwear (3.2 percent); Medical Care (1.4 percent) and Beverages and Tobacco (0.3 percent). The national index has a base of 100 as of 2014. . This page provides the latest reported value for - United Arab Emirates Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Arab Emirates Inflation Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1.10 -2.10 12.30 -2.50 1990 - 2019 percent Monthly
2014=100




Country Last Previous
Argentina 55.80 Jun/19
Turkey 15.72 Jun/19
Russia 4.70 Jun/19
South Africa 4.50 May/19
Mexico 3.95 Jun/19
Brazil 3.37 Jun/19
Indonesia 3.28 Jun/19
India 3.18 Jun/19
China 2.70 Jun/19
Netherlands 2.70 Jun/19
Canada 2.00 Jun/19
United Kingdom 2.00 Jun/19
Germany 1.60 Jun/19
United States 1.60 Jun/19
Australia 1.30 Mar/19
Euro Area 1.30 Jun/19
France 1.20 Jun/19
Singapore 0.90 May/19
Italy 0.70 Jun/19
Japan 0.70 Jun/19
South Korea 0.70 Jun/19
Switzerland 0.60 Jun/19
Spain 0.40 Jun/19
Saudi Arabia -1.50 May/19


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