November 23, 2024

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Dubai’s Consumer Price Index rises by 2.74% in H1 of 2014: says DSC

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courbe-croissanteConsumer Price Index (CPI) in Dubai rose 2.74% year-on-year in the first six months of the year due to rising food prices, Dubai Statistics Centre (DSC) said on Wednesday.

In the first half of the year, the report said CPI uptrend was driven by the increase in the prices of major groups: housing, water, electricity, gas and fuels at 4.58%, education 4.43%, food and non-alcoholic drinks 3.36%, furniture and household goods 2.53%, alcoholic beverages and tobacco 2.35%, restaurants and hotels 2.19%, health 2.16%, miscellaneous goods and services 1.76%, transport 0.79%, communications 0.70%, and culture and recreation 0.11%.

The report noted that ready-made clothing and footwear fell by 2.89%.

Source : WAM News Agency for United Arab Emirates

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