GulfBase Live Support
Leave a message and our representative will contact you soon
22/06/2017 01:04 AST
The Consumer Prices Index (CPI) has risen by 2.7 percent in May year-on-year, the Central Statistical Bureau (CSB) said on Tuesday.
The index figure for May 2017 recorded an increase of 0.07 percent, compared to April, the CSB added in its monthly report.
The CPI increased in seven influential groups last month, and stability in five others.
The index for the first main group (food and beverages) went up by 0.13 percent, compared to the same month in 2016.
The figure of the second main group (tobacco and narcotics) was up by 0.59 percent in May month-on-month, as the third group (clothing and footwear) rose by 0.31 on monthly basis.
Inflation of the fourth group (housing services) shot up by 4.28 percent in May, and that of the fifth group (furnishing equipment and household maintenance) was up by 2.94 percent.
The sixth group (health) rose by 1.7 percent in May year-on-year, and the seventh (transport) went up by 12.33 percent on annual basis.
Meanwhile, the index for the eighth group (communication) was down by 0.10 percent in May compared to the same month last year.
The ninth group (recreation and culture) also went down on an annual basis of 0.62 percent, as but the 10th group (education) was down by 1.15 on annual basis.
As for the 11th group (restaurants and hotels), it edged up 4.47 percent on annual basis, and the last group (miscellaneous goods and service) witnessed an annual fall of 0.8 percent.
Arab Times
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
05/04/2018
Saudi Arabia's Public Investment Fund (PIF) has signed an agreement with Six Flags to develop and design an amusement park in Riyadh. Six Flags, the world’s leading international amusement park compa
Arab News
05/04/2018
In an exclusive interview with Arab News, Turki Mohammed Al-Shehri explains how an expanding renewables industry will boost employment as well as pave the way for a greener future.
A massiv
Arab News
05/04/2018
Dubai’s residential property market continued to soften in the first three months of this year, in line with analysts’ forecasts, with rental values recording a more pronounced fall than sales prices
The National
05/04/2018
Buoyed by a strong oil price of $70 per barrel, Saudi Arabia’s Tadawul shot up by over 6 per cent in March 2018, according to Kuwait Financial Centre’s (Markaz’s) recently released Monthly Markets Re
Times of Oman
05/04/2018
Qatar banks’ combined credit facilities to real estate sector rose by QR17bn to QR147.7bn in 2017. The banks’ credit to various sectors stood at QR911bn at the end of 2017, up from QR839bn recorded i
The Peninsula