Dubai inflation down at 0.94% in January.
The monthly consumer prices inflation rate in Emirate of Dubai dropped 0.94% in January 2012 compared to December 2011
The two groups of Restaurants and Hotels and Communication saw a similar increase of inflation at 0.01 %, Health 0.08%, Transport 1.03%, and Clothing and Footwear 4.94%.
The report said the fall of the Food and Non-Alcoholic Beverages inflation rate was spurred by a fall in prices of vegetables, fruits, and fish and seafood at 14.80%, 10.32% and 0.95% respectively.
Housing, Water, Electricity, Gas, and other Fuels group inflation rate went down because of the dip in prices of rents by 2.91%.
As for Health group inflation, it went up due to the rise in the prices of medical services and X-ray by 0.65%.
Equipment for the reception, recording and reproduction of sound and pictures led the decline in the Recreation and Culture group inflation rate by 14.31%.
Cultural Services shrank by 2.38%.
In the Transport group, inflation hiked as prices of motor cycles surged by 9.14%, spare parts and accessories for personal transport equipment 6.31%, and other services in respect of personal transport equipment 2%.
Copyright 2012 Khaleej Times. All Rights Reserved.
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|Publication:||Khaleej Times (Dubai, United Arab Emirates)|
|Date:||Feb 17, 2012|
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