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Dubai inflation hits six-year high

A recent report issued by the Dubai Statistics Centre (DSC) shows that annual inflation of the consumer price index (CPI) for goods and services...

Global Investors Now Bullish on Europe, Inflation and Gold

Global investors are significantly more positive on the outlook for Europe after the European Central Bank’s announcement of quantitative easing to reflate the region’s...

Dubai Cost of Living Now More Affordable; Or is it…

Dubai cost of living has become more affordable, according to Savills’ Live/Work Index, but not according to local expats. In 2014, the city was...

Over Quarter of UAE Population in Debt

More than 25% of the population of the United Arab Emirates is living in debt. That was revealed by a new survey, which also...

Abu Dhabi inflation rate in consumer prices rose to 2.8%

The Abu Dhabi inflation rate in consumer prices for the first seven months of 2014 was 2.8%, compared with the same period of 2013,...

UAE Inflation Rose 2.2% in June

Consumer inflation in the United Arab Emirates rose 2.2% in June from the same period last year, due to the increasing food prices and...

Consumer Inflation in Dubai Climbs 2.76% in May

Inflation rate in Dubai continues to remain high. Consumer price inflation in Dubai hit 2.76% in May, according to Dubai Statistics Centre (DSC). That...

Dubai Property Prices Bring Inflation to a Record Height

Inflation in Dubai has reached record levels since 2009. The increase of the inflation's rate is triggered by the spiking Dubai property prices. Housing...

UAE Business Activity Growth at 4-Month High

UAE business activity growth in the United Arab Emirates jumped slightly to a four-month high in March, managing to outperform many private sectors in...

Inflation Takes Its Toll on UAE Salaries

It is not a secret that consumer prices in the United Arab Emirates have not stopped on their way up during the last one...

Inflation Effects on Dubai Residents

During the past two years, statistics show that Dubai's economy is on the path to a robust recovery. Some say that a new boom...

Dubai inflation up 3% in October

Consumer prices in the emirate of Dubai rose three per cent on average in October compared to the same month a year ago, Dubai...

“Just a little inflation” does not exist

Some people think that a little inflation is all the economy needs to break out of the doldrums. However, what they don’t realize is...

Yet More Mischief from Cheap Money, Part 379

Nothing is safe – not student loans, emerging markets, or London flats... Did you enjoy your monthly dose of non-farms nonsense last Friday? Gold and silver...

Escaping Cash in the Bank

US and UK inflation rose faster than interest rates in June. Get used to it... JUST WHY DO people choose to buy gold and silver?...

Rise in cost of living in Dubai driven by silent inflation

Do you find yourself out of cash a week ahead of the end of the month? It happens more often at our end this...

GCC GDP expected at 5.5%; Inflation in control

· GDP growth in GCC expected at 5.5% and 3.7% in 2012 & 2013 respectively · Public debt to GDP ratio to decline to 11.4%...

Inflation in Dubai down 0.03% in February

Overall inflation of Consumer Price Index (CPI) in Dubai dropped by 0.03% in February 2013 compared to the same period in 2012, driven by...