Smile
Dubai Government Year of Tolerance
⇑ ⇔ ⇓
ع
Print
Choose Color
Corporate
Change the website color to DSC corporate color
Dubai Identity
Change the website color to Dubai Brand logo
Expo 2020
Change the website color to Expo 2020 logo

“Dubai Statistics”: Inflation Rate of Dubai Shrinks by 1.97% in Q1-19 Compared to Q4-18

​Image: DSC logo

Annual inflation Index of Consumer’s Prices declined by 1.97% in Q1 of 2019 compared to Q4 of 2018, according to a report issued by Dubai Statistics Center (DSC).

 

The rise is attributed to increase in prices of both Transport Group by 9.10% leading inflation to downswing by 1.02 per cent, Housing, Water, Electricity, Gas and other Fuel decreased 1.59% which lessened the inflation rate by 0.67 per cent, Food and Beverages declined by 1.85% leading inflation to go down by 0.24 per cent, Recreation and Culture by 2.82% pushing inflation down by 0.06 per cent, Clothing and Footwear Group by 2.64% dropping the inflation rate by 0.05 per cent, Furnishings, Household Equipment and Routine Household Maintenance Group by 0.16% causing  inflation rate to go down by 0.01, Communications by 0.09% and Tobacco by 0.04%.

 

On the other hand, prices of Restaurants and Hotels hit a rise by 1.17% leading inflation to increase by 0.05 per cent, Miscellaneous Goods and Services by 0.44% pushing inflation rate up by 0.03 per cent, Health by 0.17%. However, prices of Education Group remained stable during the comparison period.

 

 

Inflation Rate of Dubai Went Down by 13.72% in Q1-19 Compared to Q1-18

 

Upon comparing Q1 of 2019 with the same period of 2018, the report shows that the inflation rate dropped by 3.72% due to the decline of prices of Housing, Water, Electricity, Gas and other Fuel decreased 6.04% which lessened the inflation rate by 2.62 per cent, transportation by 6.34% leading inflation rate to go down by 0.68 per cent, Clothing and Footwear Group by 10.19% pushing the inflation rate down by 0.22 per cent, Miscellaneous Goods and Services by 3.69% pushing the inflation rate down by 0.22 per cent, food and beverages prices shrank by 0.78% pushing inflation rate down by 0.10 per cent, Recreation and Culture by 1.57% making inflation rate to decrease by 0.03 per cent, Communications Group by 0.39% decreasing the inflation rate by 0.02 per cent and Health by 0.22%.

 

Noteworthy, prices of Restaurants and Hotels hit a rise by 2.36% leading inflation rate to upswing by 0.10 per cent, Furnishings, Household Equipment and Routine Household Maintenance Group by 1.54% causing inflation rate to go up by 0.06, Tobacco by 2.83% that increased the inflation rate by 0.02 per cent and Education by 0.03%.

Top