United Arab Emirates

Inflation

-2.1
percent change in the consumer price index
Dec 08Dec 09Dec 10Dec 11Dec 12Dec 13Dec 14Dec 15Dec 16Dec 17Dec 18Dec 19Dec 20-5.0000.0005.00010.0015.00
  • United Arab Emirates
  • Global Median
Source: IMF

Definition of Inflation

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Maxinomics LogoThe World's Economic Atlas

TYPE TO BEGIN SEARCHING