CPI in Dubai up 0.53% in January

Published Monday, March 04, 2013

By Wam

Inflation of Consumer Price Index in Dubai rose 0.53 per cent in January compared to December 2012 driven by increases in the groups of Transport by 1.61 per cent; housing, water, electricity, gas, and other fuels by 1.46 per cent; recreation and culture by 1.44 per cent; restaurants and hotels by 0.66 per cent; health by 0.83 per cent; furnishings, household equipment and routine household maintenance by 0.66 per cent and alcoholic beverages and tobacco by 0.47 per cent.

A report by Dubai Statistics Centre for January noted the decreases in prices of the groups of clothing and footwear by 1.47 per cent; food and non-alcoholic beverages by 1.02 per cent, communication by 0.86 per cent; miscellaneous goods and services by 0.70 per cent.

Deflation rate recorded amounted to 1.71 per cent compared to 2011, due to a decrease in the prices of housing, water, electricity, gas, and other fuels group by 6.19 per cent; clothing and footwear group by 1.32 per cent; restaurants and hotels group by 0.24 per cent; and communication group by 0.14 per cent.

On the other hand, the inflation rate for food and non-alcoholic beverages group increased by 3.24 per cent; alcoholic beverages and tobacco group by 3.00 per cent; education group by 2.85 per cent; transport group by 1.34 per cent; furnishings, household equipment and routine household maintenance group by 1.30 per cent; miscellaneous goods and services group by 0.59 per cent; health group by 0.20 per cent; and an increase by 0.09 per cent for recreations and culture group.

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