UAE inflation records 4.76% in January

Abu Dhabi - Mubasher: Consumer prices in the UAE rose by 4.76% year-on-year in January.

Meanwhile, monthly inflation recorded 2.67%, as shown by the data of the Federal Competitiveness and Statistics Authority on Wednesday.

The rise in inflation is attributed to the introduction of the new 5% value-added tax (VAT).

Mubasher Contribution Time: 07-Mar-2018 19:03 (GMT)
Mubasher Last Update Time: 07-Mar-2018 19:03 (GMT)