Abu Dhabi inflation touches 2.1% in first half

26/07/2017 06:13 AST

The Statistics Centre-Abu Dhabi (SCAD) has issued its most recent statistical report on the Consumer Price Index.
The centre said the relative rate of change in consumer prices was 1.8 per cent in June 2017, compared to June 2016, while the CPI rose by 0.4 per cent in June 2017, compared to May 2017. It also noted that inflation reached 2.1 per cent in the first half of 2017, compared to the same period in 2016. The housing, water, electricity, gas, and other fuel category contributed 51.3 per cent of the total increase during the first part of 2017, due to a price increase of 3.2 per cent in this category. The transport category contributed 34.2 per cent to the overall increase.

The centre stressed that the consumer prices of products purchased by households in the “lower income” category rose by 2.4 per cent during the first part of 2017, compared to the same period of 2016, while the prices in the “middle income” category increased by 2.5 per cent, and 1.9 per cent in the ‘upper income’ category.


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