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Inflation Rate in the Emirate of Dubai decreased by 0.32% in the Third Quarter of 2020 compared to the Second Quarter of 2020

​Image: DSC logo

​Image: DSC logo


Inflation Rate in the Emirate of Dubai decreased by 0.32% in the Third Quarter of 2020 compared to the Second Quarter of 2020. This is due to a decrease in the prices of: Housing, Water, Electricity, Gas, and other Fuels division by 1.03%, which reduced inflation by 0.42 points. Food and Beverages division by 0.57%, which reduced inflation by 0.08 points. Miscellaneous Goods and Services division by 0.74%, which reduced inflation by 0.05 points. Furnishings, Household Equipment and Routine Household Maintenance division by 0.30%, which reduced inflation by 0.01 points. Restaurants and Hotels division by 0.10%. Communication division by 0.08%. Clothing and Footwear division decreased by 0.01%.

On the other hand, Transport division increased by 2.33%, which pushed inflation by 0.24 points. Recreation and Culture division by 0.13%. Education division by 0.05%. Health division by 0.04%. Tobacco division increased by 0.02%.

Inflation rate dropped to 3.41% in the Third 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 5.75%, which reduced inflation by 2.37 points. Transport division by 10.49%, which reduced inflation by 1.18 points. Recreation and Culture division by 14.13%, which reduced inflation by 0.30 points. Miscellaneous Goods and Services division by 1.31%, which reduced inflation by 0.08 points. Clothing and Footwear division by 1.43%, which reduced inflation by 0.03 points. Communication division decreased by 0.02%. 

While prices of Food and Beverages division increased by 2.44%, which pushed inflation by 0.32 points. Education division increased by 1.43%, which pushed inflation by 0.13 points. Tobacco division by 15.68%, which pushed inflation by 0.09 points. Furnishings, Household Equipment and Routine Household Maintenance division by 0.22%, which pushed inflation by 0.01 points. Health division increased by 0.06%. 
While Restaurants and Hotels division shows stability during the period of comparison. 



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