Dubai – Mubasher: The consumer price index (CPI) of Dubai registered a decrease by 1.82% year-on-year (YoY) in March 2020, when compared to the same month in 2019, according to a report by the Dubai Statistics Centre (DSC).
The price of the housing, water, electricity, gas, and other fuels sector dropped by 6%, which pushed the inflation rate down by 2.54 points, while a 6.02% decline in the price of the recreation and culture segment led to a decrease in the inflation rate by 0.12 points.
The prices of the clothing and footwear, miscellaneous goods and services, as well as health sectors fell by 3.21%, 0.72%, and 0.01%, respectively.
Meanwhile, the food and beverages segment jumped by 4.56%, leading to a rise in the inflation rate by 0.59 points, while the education went up by 1.66% to increase the inflation by 0.16%.
The prices of the tobacco, transport, furnishings, household equipment, and routine household maintenance, communication, as well as restaurants and hotels sectors rose by 14.9%, 0.69%, 0.48%, 0.23%, and 0.21%, respectively.
On a monthly basis, Dubai's CPI went down by 0.68%, compared to February, due to a 1.33% drop in the price of the housing, water, electricity, gas, and other fuels, which lowered the inflation rate by 0.54 points.
It is noteworthy to mention that in February, the CPI climbed by 1.20% YoY, when compared to the same period of 2019.
