Dubai inflation up 0.27% in March

Dubai-Mubasher: The inflation rate in Dubai recorded grew 0.27% month-on-month (m-o-m) in March 2016, compared to figures from the same period of 2015, according to a report released by Dubai Statistics Centre.

The inflation increase resulted from a rise in clothing group by 2.46%, which formed 5.52% of total relative importance in the consumer basket.

Miscellaneous goods and services group advanced 1.62%.

The inflation rate increased 0.08% year-on-year (y-o-y) in March 2016 due to a rise in communications group by 5.67%.

 

Mubasher Contribution Time: 17-Apr-2016 14:14 (GMT)
Mubasher Last Update Time: 17-Apr-2016 14:14 (GMT)