UAE - Mubasher: Dubai's inflation retreated for the 27th successive month in February 2021 to record 4.5% year-on-year (YoY).
Dubai's Consumer Price Index (CPI) reached 101.03 points in February 2021, down from 106 points in the same month in 2020, according to the latest statistics by the Dubai Statistics Centre.
During the second month of 2021, the prices of food and beverages, clothing and footwear, and housing, water, electricity, gas, and other fuels decreased by 0.43%, 2.57%, and 9.14%, respectively.
In the meantime, the prices of tobacco, furnishings, household equipment and routine, and communication rose by 0.10%, 0.59%, and 0.14%, respectively.
On a monthly basis, Dubai's inflation went down 0.42% in February 2021.