Dubai’s CPI up 2.5% in August

Dubai-Mubasher: Dubai’s consumer prices index (CPI) rose by 2.5% year-on-year in August, according to a report issued by Dubai Statistics Center (DSC).

The CPI increase is mainly attributed to the growth of the education, and clothing and footwear groups by 7.24% and 6.81% respectively.

The housing, water, electricity, gas and fuel prices advanced 4.66%, while miscellaneous goods and services gained 3.67% and food and beverages went up 2.72%.

The transport and telecommunication services’ prices climbed 5.15% and 0.02% respectively. In addition, the restaurants and hotels group increased 0.34%.

On a month-on-month basis, CPI levelled up 0.38% in August due to a rise in the clothing and footwear group by 1.64%.

Mubasher Contribution Time: 21-Sep-2016 06:08 (GMT)
Mubasher Last Update Time: 21-Sep-2016 06:08 (GMT)