UAE – Mubasher: The growth rate of the UAE's gross domestic product (GDP) is expected to record 2.9% in 2021, according to Bloomberg's survey published in September.
The expected growth rate in the UAE's GDP is 0.3% higher than the earlier outlook by Bloomberg.
The September survey showed that the UAE's Consumer Price Index (CPI) is forecast to reach 0.5% in 2021, compared to 1.6% in the previous survey.
It is noteworthy to mention that in August, Fitch Solutions forecast that the UAE would witness a robust economic recovery with a growth rate of 4.1% in 2021.
Source:
Mubasher