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10 December 2023

School costs fuel Dubai's inflation in January


The inflation rate in Dubai rose 0.49 per cent in January compared to December 2013, according to Dubai Statistics Centre (DSC) data on Tuesday.

The increase in Dubai's inflation is a result of a rise in the cost of education (3.99 per cent), housing, water, electricity, gas, and other fuels (3.87 per cent), food and non-alcoholic beverages (3.66 per cent), health (2 per cent), alcoholic beverages and tobacco (1.65 per cent), furnishings, household equipment and routine household maintenance (0.98 per cent), transport (0.78 per cent), recreation and culture (0.56 per cent), miscellaneous goods and services (0.30 per cent) and restaurants and hotels (0.06 per cent).

Meanwhile, the inflation rate fell for the groups of clothing and footwear by 2.80 per cent and communication by 0.07 per cent.

Meanwhile, prices of food and non-alcoholic beverages dropped by 2 per cent, clothing and footwear by 0.39 per cent, miscellaneous goods and services by 0.27 per cent, furnishings, household equipment and routine household maintenance by 0.10 per cent, restaurants and hotels by 0.04 per cent and recreations and culture by 0.01 per cent.

Prices of education, alcoholic beverages and tobacco remained stable, according to DSC data.