Suwaidi Says U.A.E. Inflation Will Be About 2% This Year
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United Arab Emirates central bank Governor Sultan bin Nasser al-Suwaidi expects an inflation rate of about 2 percent this year.
“The sources of inflation in the U.A.E. are under control,” he told reporters today in Muscat, Oman. “Real-estate prices and rents are stable, so there’s no domestic reason for it to rise.”