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Consumer price index in the United Arab Emirates in 2020, by category

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Source

Release date

November 2021

Region

United Arab Emirates

Survey time period

2020

Supplementary notes

The 2014 index is equal to 100 for these years, where 100 = no change.

Citation formats

CPI in the UAE by category 2020

Published by Zeynep Dierks, Nov 8, 2021

In 2020, the consumer price index (CPI) in the United Arab Emirates (UAE) was the highest for beverages and tobacco, amounting to nearly ***. Since 2016, the consumer price index for beverages and tobacco has significantly increased from *** to ***.

Consumer price index and inflation

The consumer price index is an economic indicator that measures the average changes in the price of consumer goods and services over time. The consumer price index helps in identifying periods of inflation and deflation. In 2020, the inflation rate in the Gulf Cooperation Council varied among member states; the United Arab Emirates had a negative inflation rate of *** percent.

Inflation in the United Arab Emirates

The negative inflation rate in the UAE resulted from consumers' high purchase power due to the low unemployment rate and the government's effectiveness in trade and policy. In 2021, the United Arab Emirates had one of the lowest inflation rates in the world.

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