UAE – Mubasher: The consumer price index (CPI) of Abu Dhabi slipped by 0.9% year-on-year during the first nine months of 2019, data by the Statistics Centre - Abu Dhabi (SCAD) showed.
The emirate’s CPI stood at 110.9% for the nine-period ended 30 September 2019, compared to 111.9% for the same period of 2018, the SCAD said in a recent report.
The decrease in the CPI during the period January-September period of 2019 was mainly driven by a decline of 1.3% in consumer prices for households of the bottom welfare level, and 1.1% for the middle welfare level, and 0.5% for the top welfare level.
Prices of the housing, water, electricity, gas, and fuel group fell by 3.6% year-on-year during the first nine months of 2019, contributing 132.2% to the overall decline in the CPI.
Prices of the transport group went down by 6.1% during the same period as compared to the same period of 2018, contributing 105.9% to the overall decrease.
Meanwhile, the food and beverages group contributed 29.4% to the overall CPI’s decline during the period January-September period of 2019, with its prices slashing by 2.2% year-on-year.
In September, the CPI of the UAE’s capital fell by 1.8% to 109.7%, compared to 111.6% in the same month last year, the report highlighted.
Month-on-month, the CPI decreased 1% in September 2019 from 110.8% in August 2019, the report added.
