Dubai’s inflation rate for Consumer Price Index (CPI) dropped by 0.43 percent in October 2015, compared to September, according to a report issued by Dubai Statistics Centre (DSC) today.
The monthly report said the decline was driven by a decrease in prices of major consumer groups of transport, furnishings, household equipment and routine household maintenance, and food and beverages at 4.17 percent, 0.99 percent and 0.72 percent, respectively.
The report noted the increase in the groups of housing, water, electricity, gas and fuel at 0.27 percent, recreation and culture 0.22 percent, miscellaneous goods and services 0.13 percent, and restaurants and hotels 0.05 percent.
”Inflation of CPI in case of tobacco, clothing and footwear, health, communications and education remained stable at 0.24 percent, 5.52 percent, 1.08 percent, 6.00 percent and 4.09 percent, respectively,” the report added.
Source: Emirates news agency
