UAE: holds steady at highest level since August 2024 in February
Latest reading: Dubai inflation came in at 3.1% in February, unchanged from January’s figure. February’s reading represented the joint-highest inflation rate since August 2024.
The trend was unchanged, with annual average inflation coming in at January’s 3.2% in February.
Lastly, consumer prices in Dubai rose 0.54% over the previous month in February, swinging from January’s 0.01% drop. February’s uptick marked the sharpest increase in prices since August 2024.