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29 March 2024

UAE consumer prices up by 0.31% in June

Consumer price index in the UAE was at 11.1 per cent in 2007 and 9.3 per cent in 2006. (PATRICK CASTILLO)

Published
By Wam

The overall Consumer Price Index (CPI) reached 125.66 in June 2015, and in comparison with the base year (2007 =100); it increased by 0.31 per cent compared to its value at the end-2015, while it increased by 4.22 per cent compared to its value at the end of June 2014, according to the report issued by National Bureau of Statistics (NBS) for month of June.

It added that the findings of the CPI for June 2015 at the national level indicate increment in the following major expenditure groups: Housing, + 0.81 per cent, food and soft drinks, + 0.75 per cent, recreation and culture, + 0.20 per cent, and miscellaneous goods and services +0.02 per cent.

The NBS report noted, at the same time, there was decreased in other major expenditure group prices:
Textiles, clothing and footwear by 1.17  per cent, furniture and household goods 0.63 per cent, transportation 0.15 per cent, restaurants and hotels 0.03 per cent and medical care by 0.02 per cent.