Cost of food in the United Arab Emirates increased 6.20 percent in May of 2020 over the same month in the previous year.
Food Inflation in the United Arab Emirates averaged 2.47 percent from 2009 until 2020, reaching an all time high of 8.66 percent in January of 2009 and a record low of -2.32 percent in September of 2009. This page provides the latest reported value for - United Arab Emirates Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Arab Emirates Food Inflation - values, historical data and charts - was last updated on July of 2020.
Food Inflation in the United Arab Emirates is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in the United Arab Emirates to stand at 2.00 in 12 months time. In the long-term, the United Arab Emirates Food Inflation is projected to trend around 2.00 percent in 2021 and 2.50 percent in 2022, according to our econometric models.