Abu Dhabi – Mubasher: Abu Dhabi’s inflation rate rose 3.8% year-on-year during the first four months of 2018.
The consumer price index (CPI) of the emirate recorded 112% in the four-month period, compared to 107.9% in the prior-year period, according to a report released by Statistics Centre of Abu Dhabi (SCAD).
In April, consumer prices rose 3.4% year-on-year, and the CPI edged up 0.3%, Abu Dhabi's state-run agency said.
The prices of the transportation segment grew 10.2%, accounting for 37.3% of the total hike in CPI, while the prices of the goods and services segment went up 8%.
In the same vein, the prices beverages and food segment and the ready-made clothing segment increased 4.8% and 11.1%, respectively, contributing to the inflation with 14.7%.
Meanwhile, the housing, water, electricity, gas, and fuel segments have helped in easing the inflation by 29%.
