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Inflation Rate in Dubai decreased by 0.89% in the Q1 of 2020 compared to the Q4 of 2019

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Inflation Rate in the Emirate of Dubai decreased by 0.89% in the First Quarter of 2020 compared to the Fourth Quarter of 2019. This is due to a decrease in the prices of: Housing, Water, Electricity, Gas, and other Fuels division by 1.58%, which reduced inflation by 0.65 points. Clothing and Footwear division by 6.97%, which reduced inflation by 0.14 points. Recreation and Culture division by 6.61%, which reduced inflation by 0.14 points. Transport division by 0.85%, which reduced inflation by 0.09 points. Miscellaneous Goods and Services division by 0.27%, which reduced inflation by 0.02 points. Furnishings, Household Equipment and Routine Household Maintenance division by 0.22%, which reduced inflation by 0.01 points.

On the other hand, Food and Beverages division increased by 0.55%, which pushed inflation by 0.07 points. Tobacco division by 9.51%, which pushed inflation by 0.06 points. Education division by 0.19%, which pushed inflation by 0.02 points. Restaurants and Hotels division by 0.20%, which pushed inflation by 0.01 points. Health division increased by 0.02%.

While Communication division shows stability during the period of comparison.

Inflation rate dropped to 1.45% in the First Quarter of 2020 compared to the same period of 2019. This is due to a decrease in the prices of: Housing, Water, Electricity, Gas, and other Fuels division by 5.53%, which reduced inflation by 2.34 points. Clothing and Footwear division by 3.21%, which reduced inflation by 0.06 points. Recreation and Culture division decreased by 2.37%, which reduced inflation by 0.05 points. Miscellaneous Goods and Services division by 0.23%, which reduced inflation by 0.01 points. Health division decreased by 0.01%.

While prices of Food and Beverages division increased by 2.85%, which pushed inflation by 0.37 points. Transport division increased by 3.57%, which pushed inflation by 0.37 points. Education division increased by 1.66%, which pushed inflation by 0.15 points. Tobacco division by 14.81%, which pushed inflation by 0.09 points. Furnishings, Household Equipment and Routine Household Maintenance division by 0.52%, which pushed inflation by 0.02 points. Restaurants and Hotels division by 0.25%, which pushed inflation by 0.01 points. Communication division by 0.20%, which pushed inflation by 0.01 points.

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