Annual 1Q inflation in Abu Dhabi inched up slightly to 0.8%, according to figures(pdf) from the Abu Dhabi Statistics Center. This is a slight increase compared to the 0.7% recorded in 4Q 2023.
The culprits: Health costs rose by 5.9%, alongside increases in clothing (4.7%) and household equipment and furnishing (3.2%). Meanwhile, decreases in prices of recreation (-7.8%), communications (-0.9%), and tobacco (-0.9%) helped offset inflationary pressures.
On a q-o-q basis, Abu Dhabi’s inflation slowed to -0.6% in 1Q 2024, down from 0.1% in 4Q 2023, according to the statistics center’s figures (pdf).
Month-on-month, inflation was at its lowest in January, falling to -0.1%, before rising to a flat 0% in February and 0.2% in March, according to the statistics center’s monthly inflation report (pdf).