United Arab Emirates Inflation Rate YoY
When it comes to consumer price indexes in the United Arab Emirates, the most important components are Housing (34.1% of the total weight), Food and Soft Beverages (14.3%), and transportation (14.6%). Education contributes to 7.7%, Miscellaneous Goods and Services goes for 6.3%, Furniture and Household Goods constitute 5.6%, and Communications constitutes goes for 5.4%. In addition to these, there are industries such as restaurants and hotels (4%), recreation and culture (3.2%), textiles, clothing, and footwear (3.2%), medical care (1.4%), and beverages and tobacco (0.3%). As of 2014, the national index has a base of 100.
A higher than expected figure should be seen as positive (bullish) for the AED while a lower than expected figure should be seen as negative (bearish) for the AED.
