Abu Dhabi’s annual inflation reaches 1.1% in 2Q

Annual 2Q inflation in Abu Dhabi inched up slightly to 1.1%, according to figures(pdf) from the Abu Dhabi Statistics Center. This is a slight increase compared to the 0.8% recorded in 1Q 2024.

The culprits: Health costs rose 5.9%, alongside increases in clothing (4.5%) and ins. and financial services (4.2%). Meanwhile, decreases in prices of recreation (-2.6%), communications (-1.0%), and hospitality (-0.2%) helped offset inflationary pressures.

On a q-o-q basis, Abu Dhabi’s inflation rose to 0.6% in 2Q 2024, after slowing 0.6% in 1Q 2024 according to the statistics center’s figures (pdf).