Tuesday December 06 2016
United Arab Emirates Inflation Rate at 1.90 percent
Consumer prices in the United Arab Emirates increased 1.90 percent year-on-year in October of 2016, following 1.4 percent growth in the previous period. It was the highest inflation rate since February, mainly driven by rising housing cost (+4.9 percent). In contrast, prices fell for food (-0.4 percent) and transport (-3.8 percent). On a monthly basis, prices were flat.