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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...

Abu Dhabi registers inflation of 1.1% so far in 2013, report

Statistics Center - Abu Dhabi issued its monthly report on the consumer price index (CPI) and the inflation rate in the Emirate of Abu...

Middle Eastern countries gold reserves not affected by inflation hedge worries

According to Dubai International Financial Centre Authority, Middle Eastern countries should expand their gold reserves holdings. That is expected to shield their assets in...

Inflation-Targeting Dead, Long Live Inflation

The Fed actually thinks it can drive 315 million souls through a 0.2% gap in its forecasts... REMEMBER INFLATION? Central bankers do –...

High Oil Prices will constrain Economic Growth

During the last century, cheaper oil prices gave a boost to global economic growth. However, during the last decade, prices for oil surged, and...

Dubai’s Consumer Price Index, Inflation Rate up in August

The overall Consumer Price Index (CPI) reached 116.86 in August 2012, and with comparison with the base year (2007 =100); it increase by 0.33%...

Silver top performer on weak economic data, ratings revision

On Tuesday, in electronic trading gold and silver reached their highest level in more than five months. This was after the manufacturing figures from...

Unscary Reasons to Add Gold

Never mind inflation or credit default. There are plenty of less scary reasons to consider gold investing too... Gold is of course for kooks and...

Consumer Price Index shows food prices drive inflation

Inflation at 1.2 percent over the First 5 Months of 2012 Y-o-Y Food Accounts for 67.2 percent of the Rise in Consumer Prices Average consumer prices...

Inflation up 0.7 percent in the first two months of 2012

Abu Dhabi (SCAD) issued today its monthly report on the consumer price index (CPI) and the inflation rate in the Emirate of Abu Dhabi...