AI Summary
The inflation rate of the United Arab Emirates rose to 4.43 percent in July, according to latest figures from the UAE’s National Bureau of Statistics.
The country’s consumer price index (CPI) for the month increased to 126.03 points from 120.68 points in July 2014.
|
Inflation Rate – 2015 |
|
|
Rate |
Period |
|
3.67% |
Jan |
|
3.61% |
Feb |
|
4.31% |
March |
|
4.25% |
April |
|
4.32% |
May |
|
4.22% |
June |
|
4.43% |
July |
The prices of most categories climbed in July when compared to the same month last year. Housing, water, electricity, gas, and fuel saw the biggest surge by 9.95 percent, while education costs increased by 3.93 percent.
|
CPI Comparison - July 2014 to July 2015 |
|
|
Price changes |
Main groups |
|
+3.4% |
Food & beverages |
|
(-0.92%) |
Tobacco |
|
(-3.03%) |
Apparel & footwear |
|
+9.95% |
Housing, water, electricity, gas & fuel |
|
+1.73% |
Home furniture & maintenance |
|
(-0.05%) |
Healthcare |
|
+0.16% |
Transportation |
|
(-0.07%) |
Telecommunications |
|
(-0.02%) |
Entertainment & culture |
|
+3.93% |
Education |
|
+3.26% |
Restaurants & hotels |
|
+0.35% |
Goods & different services |
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