Abu Dhabi Month-on-Month Inflation Down 0.2 percent in Nov. 2015Source: www.export-egypt.com 12/19/2015, Location: Middle East |
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Statistics Center - Abu Dhabi issued its monthly report on the consumer price index (CPI) and the inflation rate in the Emirate of Abu Dhabi for November 2015, compared with the previous month.
The report analyzes the CPI calculations for the period under review, with the year 2007 fixed as the base year. It also details CPI results by welfare levels, household types and geographical region. As monthly price data reveal, consumer prices nudged down 0.2 percent in November 2015 compared with October 2015. This fall reflects the net outcome of the rises and falls in the price of the goods and services of the consumer basket and during the aforesaid period. The largest falls recorded in November 2015 compared with October 2015, were observed in the ‘Transport’ group (down 3.0 percent) and the ‘Furnishings, household equipment and routine household maintenance' group (down 2.0 percent). A breakdown of the 0.2 percent fall in consumer prices during November 2015 compared with October 2015 by welfare level resulted in a decreases of 0.1 percent in consumer prices for households of the bottom welfare level, 0.3 percent for households of the middle- quintile and 0.2 percent for the top welfare level. Detailed by household type, the 0.2 percent fall in consumer prices during November 2015 compared with October 2015 impacted consumer prices for citizen- and share households by falls of 0.4 percent and 0.1 percent, respectively. As a breakdown by region reveals, Abu Dhabi region accounted for 55.0 percent of the 0.2 percent fall in consumer prices during November 2015 compared with October 2015, followed by Al Ain (24.7 percent) and Al Gharbia region (20.3 percent). |
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