Abu Dhabi inflation at 1.2% in August - Emirates24|7

Abu Dhabi inflation at 1.2% in August

Statistics Centre-Abu Dhabi (Scad) issued on Monday its monthly report on the consumer price index (CPI) and the inflation rate in the Emirate of Abu Dhabi for August 2015, compared with the previous month.

The report analysed the CPI calculations for the period under review, with the year 2007 fixed as the base year. It also details CPI results by welfare levels, household types and geographical region.

As monthly price data reveals, consumer prices climbed 1.2 per cent in August 2015 compared with July 2015. This increase reflects the net outcome of the rises and falls in the price of the goods and services in the consumer basket and during the period. The largest increases recorded in August 2015 compared with July 2015, were observed in the ‘Transport’ group, (up 12 per cent) and the 'Food and beverages' group, (up 2.1 per cent).

A breakdown of the 1.2 per cent rise in consumer prices during August 2015 compared with July 2015 by welfare level indicates increases of 1.2 per cent in consumer prices for households of the bottom welfare level, 1.5 per cent for households of the middle-quintile and 0.9 per cent for the top welfare level.

Detailed by household type, the 1.2 per cent rise in consumer prices during August 2015 compared with July 2015 impacted consumer prices for citizen-, non-citizen- and share households by rises of 1.5 per cent, 1.0 per cent and 0.9 per cent, respectively.
 
As Scad explains, a breakdown by region reveals that during August 2015 compared with July 2015, the CPI grew by 1.0 per cent in Abu Dhabi region, 1.6 per cent in Al Ain and 1.2 per cent in Al Gharbia. Abu Dhabi region contributed the largest share (58.7 per cent) of the overall increase, followed by Al Ain (34.1 per cent) and Al Gharbia (7.2 per cent).


 

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