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Inflation in Dubai down 0.03% in February

Source: Emirates News Agency  3/13/2013, Location: Middle East

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Overall inflation of Consumer Price Index (CPI) in Dubai dropped by 0.03% in February 2013 compared to the same period in 2012, driven by a drop in prices of the food and drinks group by 0.75, miscellaneous goods and services by 0.13% and transport by 0.02%, a report released by Dubai Statistics Center (DSC) showed.

It noted an increase of 1.77% in inflation Furniture and Household Goods, 0.05% in Housing, water, electricity and Gas, 0.04% in Restaurants and Hotels, while prices of the groups Beverages and Tobacco, Textiles, Clothing and Footwear, Health, Communications, Recreation and culture and Education, remained stable.

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