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CPI up 0.09 in July

Staff writer by Staff writer
August 19, 2014
in Markets
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CPI up 0.09 in July

U.A.E. , Consumer Price Index (CPI) up 0.09 in July

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U.A.E. , Consumer Price Index (CPI) up 0.09 in July
U.A.E. , Consumer Price Index (CPI) up 0.09 in July

The overall Consumer Price Index (CPI) increased by 0.09% during the month of July 2014 compared to June 2014 and and the CPI rose to 120.68 in July 2014 from 120.58 in June, and with comparison with the base year (2007 =100); it increased by 2.33% compared to July 2013, data released by National Bureau of Statistics (NBS) showed.

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The findings of the CPI for July 2014 at the national level indicated increases in the following major expenditure groups: Food and Soft Drinks 0.55%, Beverages and Tobacco 0.90%, Housing, Electricity, Water and Gas 0.37% Furniture and Household Goods 0.03%, Health 0.52%, and Transport 0.25%.

CPI of groups of Textiles, Clothing and Footwear, Communication and Education remained unchanged.

Groups whose CPI decreased included Recreation and Culture 0.01%, Restaurants and Hotels 0.02%, and Miscellaneous Goods and Services 0.24%.

At the Emirate level, the CPI fluctuated considerably in the various emirates as shown below: – Abu Dhabi – 0.05 % – Dubai + 0.46 % – Sharjah – 0.04 % – Ajman + 0.18 % – Umm Al-Qaiwain + 0.10 % – Ras Al-Khaimah + 0.23 % – Fujairah – 0.13 %

Source : WAM News Agency for United Arab Emirates

Tags: (CPI)ConsumerindexOverallprice
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