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Dubai experienced a 5.54% rise in the annual inflation rate during August 2026, primarily driven by a 12.74% increase in transportation costs, notably a 31.29% rise in fuel, car oils, and lubricants. Additionally, food and beverage prices went up by 7.39%, while residential rents increased by 6.70%. On a monthly basis, the price index saw a slight increase of 0.31%, with the most notable rise coming from clothing and footwear at 2.85%. The trend of rising prices is expected to continue, reflecting recent increases in fuel, transportation, and rental costs.
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