Flour prices surged 40 percent and cooking oil rose 20 percent compared to pre-Covid prices
UAE inflation
food products
UAE food prices at risk of increase as Ukraine-Russia war jeopardises wheat exports, says supermarket chain
The Ukraine-Russia conflict will likely raise the price of food for consumers in the Middle East
deflation
Dubai closer to ending deflation amid business slowdown
IHS Markit’s Dubai Purchasing Managers’ Index drops to its lowest level in more than three years in August
consumer confidence
UAE consumer confidence dips on cost of living worries
Yallacompare research shows that consumer confidence in the UAE declined slightly in Q2 compared to the previous quarter
Abu Dhabi economy
Deflation takes hold in Abu Dhabi as housing costs fall
July drop in consumer prices was the biggest since at least 2015, and the sixth in seven months
2019 Salary Guide
UAE salaries set to rise more than inflation in 2019
A new report from NADIA Global found that UAE residents are staying in the country for longer
Business condition
Dubai’s non-oil economic growth slows in December
Latest Emirates NBD data shows that new business increased at the second-slowest rate in over two years
consumer confidence
UAE consumer confidence on the rise, says new report
Fewer UAE residents were worried about the increasing price of living in Q4, according to new statistics from Yallacompare
Abu Dhabi
UAE economy to grow 3.7% next year, says IMF
The IMF believes that the UAE’s fiscal deficit is expected to remain at 1.6% of GDP this year, before returning to a surplus