The Overall Consumer Price Index (CPI) for the U.A.E reached 119.75 in the first half of 2014, and compared with its 2007 base year (2007=100), the average increase of prices amount to 1.91 % compared with the same period of 2013, according to National Bureau of Statistics (NBS).
The average CPI rose to 119.75 in the first half of 2014 compared to 117.51 in the same half 2013.
The report noted that the CPI uptrend was driven by increases in prices of major groups in consumer basket in the U.A.E. except the health services.
The findings of average consumer price for the January-June of 2014 indicated increases in the following major expenditure groups: education 4.47%, furniture and household goods 3.73 %, housing, water, electricity and gas 2.32%, food and non-alcoholic drinks 2.16%, alcoholic beverages and tobacco 1.66%, restaurants and hotels 1.16%, miscellaneous goods and services 1.39%, transport 1%, recreational and cultural 0.76 %, clothing and footwear 0.58 %, and communications 0.32%.
At the same time, the report added there were a decrease of 0.16% in the health group.
At the Emirate level, the CPI increased as shown below: – Abu Dhabi +1.42 % – Dubai + 0.47 % – Sharjah +0.29 % – Ajman +0.61 % – Umm Al-Qaiwain +0.32 % – Ras Al-Khaimah +0.40 % – Fujairah +0.86 %.
Source : WAM News Agency for United Arab Emirates
