In Dubai, inflation continues to slow down for the second month in a row since the beginning of the new year, reaching 2.38% year-on-year in October of last year.
Experts note that this is associated with moderate price growth for goods and services, which helps strengthen the purchasing power of citizens.
"We see a gradual slowdown in inflation rates in Dubai, which positively reflects on the economy of the region," noted a financial analyst.
At the same time, analysts warn of a possible increase in inflation indicators in the next year due to a number of factors, including rising global oil prices and productivity.
"Although the current situation with inflation in Dubai seems stable, there may be changes in the future due to external and internal factors," the economist added.
