• Register

Dubai’s inflation reaches highest level in five years

: Thursday, April 17 - 2014 @ 09:06

According to the Dubai Statistics Centre, the emirate’s consumer inflation rose 3% in March over the same month last year, registering the highest increase since August 2009, Reuters has reported. Housing and utility costs, which account for almost 44% of consumer expenses, climbed 4.8% year-on-year and rose 0.4% month-on-month in March, the data showed. Food and beverage prices, which account for 11% of the basket, also rose 4.8% from a year earlier and gained 1.2% from a month earlier.

Today's Top Stories

Posted by

Thursday, April 17- 2014 @ 9:06 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

AME Info Services

Business DirectoryVIEW ALL

Search by name

Search by industry

Browse alphabetically


Search for jobs

Latest Jobs