The inflation in the UAE rose to 3.86% in August, compared to 3.78% in July.

Cost of Living Index increased to 111.6 points during August versus 107.5 in the same period of the prior year, according to a report released by the UAE Federal Competitiveness and Statistics Authority (FCSA).

In January, inflation in the UAE jumped to 4.8% on the back of implementing the value-added tax (VAT), but it witnessed a drop in February by 4.5%.

-Mubasher