Consumer prices in the United Arab Emirates fell 2.59 percent year-on-year in August of 2020, following a 2.14 percent decrease in the previous month and marking the 20th straight month of deflation. Main downward pressure came from prices of recreation & culture (-31.73 percent vs -31.58 percent); housing & utilities (-3.01 percent vs -2.92 percent in July); transportation (-9.81 percent vs -7.39 percent) and furnishings (-2.11 percent vs -3.06 percent). In addition, prices slowed for restaurants & hotels (3.65 percent s 3.72 percent); clothing & footwear (9.15 percent vs 11.48 percent); tobacco (6.58 percent vs 6.74 percent) and food & beverages (4.43 percent vs 4.71 percent). On a monthly basis, consumer prices went down 0.14 percent, after declining 0.57 percent in the prior month.

Inflation Rate in the United Arab Emirates averaged 1.69 percent from 1990 until 2020, 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 October of 2020.

Inflation Rate in the United Arab Emirates is expected to be -1.00 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 1.30 in 12 months time. In the long-term, the United Arab Emirates Inflation Rate is projected to trend around 1.40 percent in 2021 and 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
-2.59 -2.14 12.30 -2.71 1990 - 2020 percent Monthly
2014=100


Calendar GMT Actual Previous Consensus TEForecast
2020-07-01 10:00 AM May -2.71% -1.86% -3.0%
2020-08-17 10:00 AM Jun -2.4% -2.71% -2.1%
2020-09-09 07:00 AM Jul -2.14% -2.36% -1.3%
2020-10-04 06:00 AM Aug -2.59% -2.14% -2.1%
2020-11-16 10:00 AM Sep -2.59% -1.5%
2020-12-14 10:00 AM Oct -1.5%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
UAE Deflation Deepens in August
Consumer prices in the United Arab Emirates fell 2.59 percent year-on-year in August of 2020, following a 2.14 percent decrease in the previous month and marking the 20th straight month of deflation. Main downward pressure came from prices of recreation & culture (-31.73 percent vs -31.58 percent); housing & utilities (-3.01 percent vs -2.92 percent in July); transportation (-9.81 percent vs -7.39 percent) and furnishings (-2.11 percent vs -3.06 percent). In addition, prices slowed for restaurants & hotels (3.65 percent s 3.72 percent); clothing & footwear (9.15 percent vs 11.48 percent); tobacco (6.58 percent vs 6.74 percent) and food & beverages (4.43 percent vs 4.71 percent). On a monthly basis, consumer prices went down 0.14 percent, after declining 0.57 percent in the prior month.
2020-10-04
UAE Deflation Softens Further in July
Consumer prices in the United Arab Emirates decreased 2.14 percent year-on-year in July of 2020, following a 2.36 percent fall in the prior month and marking the 19th straight month of deflation. Still, prices declined at a slower pace for housing & utilities (-2.92 percent vs -2.95 percent in June); transportation (-7.39 percent vs -11.1 percent) and furnishings (-3.06 percent vs -3.39 percent). Also, cost rebounded for restaurants & hotels (3.72 percent vs -2.17 percent), while inflation quickened for textiles, clothing & footwear (11.48 percent vs 10.70 percent). Meantime, food inflation slowed (4.71 percent vs 5.68 percent). On a monthly basis, consumer prices decreased 0.57 percent, after rising 0.33 percent in the prior month.
2020-09-09
UAE Posts Biggest Deflation Ever
Consumer prices in the United Arab Emirates fell at a record 2.71 percent year-on-year in May of 2020, following a 1.86 percent fall in April and marking the 17th straight month of deflation. It is the biggest decline in consumer prices ever due to the coronavirus lockdown. The biggest downward contribution came from prices of housing and utilities (-4.1 percent, the same as in April) and transportation (-77.9 percent vs -11.7 percent) while food inflation accelerated (6.2 percent vs 5.2 percent). On a monthly basis consumer prices edged up 0.1 percent, after decreasing 0.1 percent in the previous month.
2020-07-01
UAE Consumer Prices Fall the Most in 6 Months
Consumer prices in the United Arab Emirates declined 1.9 percent year-on-year in April of 2020, following a 1.6 percent fall in the previous month. This was the sixteenth straight month of deflation and at the steepest pace since last October. Main downward pressure came from prices of transport (-7.9 percent vs -1.5 percent in March); recreation & culture (-9.3 percent vs -9.9 percent); restaurants & hotels (-3 percent vs -1 percent) and housing (-4.1 percent, the same pace as in March), as the effects of the coronavirus crisis intensified. Meanwhile, prices continued to climb for food & non-alcoholic beverages (5.2 percent vs 4 percent). On a monthly basis consumer prices dropped 0.1 percent, after decreasing 0.9 percent in the previous month.
2020-05-18

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. .