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CPI in Dubai up 0.53% in January

Source: Emirates News Agency  3/3/2013, Location: Middle East

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Inflation of Consumer Price Index in Dubai rose 0.53% in January compared to December 2012 driven by increases in the groups of Transport by 1.61%, Housing, Water, Electricity, Gas, and other Fuels by 1.46%, Recreation and Culture by 1.44%, Restaurants and Hotels by 0.66%, Health by 0.83%, Furnishings, Household Equipment and Routine Household Maintenance by0.66% and Alcoholic Beverages and Tobacco by 0.47%.

A report by Dubai Statistics Centre for January noted the decreases in prices of the groups of Clothing and Footwear by 1.47%, Food and Non-Alcoholic Beverages by 1.02%, Communication by 0.86%, Miscellaneous Goods and Services by 0.70% records a deflation rate amounted to 1.71% compared to 2011, due to a decrease in the prices of Housing, Water, Electricity, Gas, and other Fuels group by 6.19%, Clothing and Footwear group by 1.32%, Restaurants and Hotels group by 0.24% and Communication group by 0.14%. On the other hand, the inflation rate for Food and Non-Alcoholic Beverages group increased by 3.24%, Alcoholic Beverages and Tobacco group by 3.00%, Education group by 2.85%, Transport group by 1.34%, Furnishings, Household Equipment and Routine Household Maintenance group by 1.30%, Miscellaneous Goods and Services group by 0.59%, Health group by 0.20% and an increase by 0.09% for Recreations and Culture group.

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