Consumer prices in the United Arab Emirates declined 0.39 percent year-on-year in May of 2021, following a 0.54 percent drop in the previous month. It was the softest deflation since prices started to fall in January of 2019, amid smaller decreases in prices of food & beverages (-2.68 percent vs -3.52 percent in April); miscellaneous goods & services (-1.12 percent vs -2.15 percent) and communications (-0.22 percent vs -0.37 percent). In addition, inflation remained sharp for transportation (8.88 percent vs 9.29 percent) and it picked up for recreation & culture (3.96 percent vs 1.44 percent) and health (0.42 percent vs 0.29 percent). On a monthly basis, consumer prices edged up 0.25 percent, following a 0.44 percent rise in April. source: National Bureau of Statistics, United Arab Emirates

Inflation Rate in the United Arab Emirates averaged 1.51 percent from 1990 until 2021, reaching an all time high of 12.30 percent in December of 2008 and a record low of -2.71 percent in May of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on August of 2021.

Inflation Rate in the United Arab Emirates is expected to be 0.60 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 1.50 in 12 months time. In the long-term, the United Arab Emirates Inflation Rate is projected to trend around 1.80 percent in 2022, according to our econometric models.

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United Arab Emirates Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-0.38 -0.54 12.30 -2.71 1990 - 2021 percent Monthly
2014=100


Calendar GMT Actual Previous Consensus TEForecast
2021-04-22 07:00 AM Feb -2.01% -1.86% -0.8%
2021-06-24 09:10 AM Mar -1.07% -2.01% -1.0%
2021-06-30 06:00 AM Apr -0.54% -1.07% -0.8%
2021-07-06 11:00 AM May -0.38% -0.54%
2021-08-06 11:00 AM Jun -0.38% -0.2%
2021-09-09 11:00 AM Jul
2021-10-04 11:00 AM Aug
2021-11-08 11:00 AM Sep


News Stream
UAE Consumer Prices Fall the Least Since 2019
Consumer prices in the United Arab Emirates declined 0.39 percent year-on-year in May of 2021, following a 0.54 percent drop in the previous month. It was the softest deflation since prices started to fall in January of 2019, amid smaller decreases in prices of food & beverages (-2.68 percent vs -3.52 percent in April); miscellaneous goods & services (-1.12 percent vs -2.15 percent) and communications (-0.22 percent vs -0.37 percent). In addition, inflation remained sharp for transportation (8.88 percent vs 9.29 percent) and it picked up for recreation & culture (3.96 percent vs 1.44 percent) and health (0.42 percent vs 0.29 percent). On a monthly basis, consumer prices edged up 0.25 percent, following a 0.44 percent rise in April.
2021-07-06
UAE Consumer Prices Continues to Fall in March
Consumer prices in the United Arab Emirates edged down 1.07 percent year-on-year in March of 2021, following a 2.01 percent drop in the previous month. It was the softest decrease in consumer prices since April of 2019, as prices fell less for housing & utilities (-3.36 percent vs -3.37 percent in February), furnishings (-1.09 percent vs -2.23 percent) and restaurants & hotels (-0.54 percent vs -0.67 percent). On the other hand, costs rebounded mostly for transport (2.99 percent vs -3.22 percent) and recreation & culture (1.22 percent vs -18.64 percent). On a monthly basis, consumer prices rose 0.06 percent, after falling by 0.41 percent in the previous month.
2021-06-24
UAE Consumer Prices Fall for 26th Month
Consumer prices in the United Arab Emirates dropped 2.01 percent year-on-year in February of 2021, following a 1.86 percent fall in the previous month. Main downward pressure came from a slowdown in food inflation (1.42 percent vs 2.80 percent in January), and a faster decline in housing & utilities (-3.37 percent vs -3.16 percent). In addition, inflation in education remained flat (1.52 percent), while cost of recreation & culture continued to plunge (-18.64 percent vs -18.83 percent). On a monthly basis, consumer prices edged down 0.41 percent, after picking up by 0.15 percent in the previous month.
2021-04-22
UAE Consumer Prices Fall the Least in 8 Months
Consumer prices in the United Arab Emirates dropped 2.09 percent year-on-year in December of 2020, following a 2.51 percent fall in November. It was the smallest pace of decline in prices since April, due to a softer fall in prices of housing & utilities (-3.13 percent vs -3.58 percent in November), furnishings (-2.11 percent vs -2.61 percent) and recreation & culture (-21.77 percent vs -24.80 percent). Meanwhile, transportation prices continued to drop (-7.25 percent vs -6.18 percent). In addition, inflation accelerated for food & non-alcoholic beverages (3.49 percent vs 3.06 percent). On a monthly basis, consumer prices inched up 0.09 percent, after edging down 0.11 in the previous month.
2021-02-03

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. .