Consumer prices in the United Arab Emirates rose 2.20 percent year-on-year in February of 2016, slowing from 2.55 percent growth in the previous month. It was the lowest reading since June of 2014, as food and non-alcoholic beverages (1.6 percent from 2.4 percent in January) and housing (5.77 percent from 5.9 percent) prices increased at a slower pace while transport cost fell (-6.76 percent from -4.19 percent). On a monthly basis, consumer prices went down 0.25 percent. Inflation Rate in the United Arab Emirates averaged 2.40 percent from 1990 until 2016, reaching an all time high of 12.30 percent in December of 2008 and a record low of -1.60 percent in January of 2011. Inflation Rate in the United Arab Emirates is reported by the National Bureau of Statistics, United Arab Emirates.