Abu Dhabi annual inflation slows to 22-month low

FE Team | Published: November 13, 2011 00:00:00 | Updated: February 01, 2018 00:00:00

DUBAI, Nov 12 (Reuters): Abu Dhabi's annual inflation rate slowed to a 22-month low of 0.9 per cent in October as transport prices in the Gulf emirate eased and housing costs were unchanged, data showed Saturday. Inflation in the emirate, which accounts for roughly 60 per cent of the United Arab Emirates economy, had been edging higher over the past year, peaking at 4.1 per cent in November and December.