# The "Inflation, consumer prices (annual %)" indicator
The "Inflation, consumer prices (annual %)" indicator measures the **annual percentage change** in the cost of a **basket of goods and services** typically purchased by **households**.
It is a **key indicator of inflation**, reflecting how much the prices of these goods and services have **increased (or decreased)** over a year.
The chart displays the **percentage change in consumer prices (inflation)** in **the United Arab Emirates** for the years **2008 to 2022**.