Inflation United Arab Emirates 2022

Average inflation: 5.3%

Current Inflation

Inflation is very high at 5.3%, far above the ECB target.

Peak and Trough

The highest inflation was in July at 8.4%. The lowest inflation was in January at 2.4%.

Highest month
July: 8.4%
Lowest month
January: 2.4%
Difference
6.0 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 7.2%. The lowest price increase was in Energy with an average of -0.3%.

Highest increase
Food: 7.2%
Lowest increase
Energy: -0.3%

Historical Context

Current inflation is 4.4% higher than the 5-year average of 0.9%. This approaches the highest level since records began (5.3% in 2022).

5-year average
0.9%
10-year average
1.6%
All-time high (2022)
5.3%
All-time low (2020)
-2.1%

Trend

Inflation shows an upward trend. Compared to 2021, inflation has risen by +5.1 percentage point.

Change vs. previous year
+5.1 percentage points
Largest monthly swing
July: +8.4 percentage points

ECB Target

Inflation is 3.3% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €105.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2022

Inflation by category

Food
7.2%
+1.9vs avg.
More details →
Energy
-0.3%
-5.6vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2021
January 2.4% +4.3
February 3.6% +4.7
March 4.7% +6.7
April 5.9% +6.4
May 5.5% +5.9
June 6.7% +7.2
July 8.4% +8.4
August 6.9% +6.4
September 5.5% +4.3
October 4.7% +2.8
November 4.5% +1.9
December 4.8% +2.3
Average 5.3%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also