Dubai’s inflation hits -3.6% in January

Dubai – Mubasher: The consumer price index (CPI) in the emirate of Dubai stood at -3.6% month-on-month in January.

Dubai’s CPI reached 107.57 points by the end of January, compared to 111.59 points in the same month a year earlier, according to data released by the Dubai Statistics Centre (DSC).

It is worth noting that the UAE started implementing a 5% value-added tax (VAT) in January 2018. 

 

Mubasher Contribution Time: 19-Feb-2019 10:09 (GMT)
Mubasher Last Update Time: 19-Feb-2019 10:18 (GMT)