UAE - Mubasher: Abu Dhabi's Consumer Price Index (CPI) declined by 2.6% year-on-year (YoY) in November 2020, maintaining its negative rates for the 18th consecutive month.
The index recorded 108 points in November 2020, when compared to 110.3 points in the same month of 2019, according to recent data by the Statistics Centre − Abu Dhabi (SCAD).
On a monthly basis, the emirate's CPI went up 0.1% to 107.5 points in November 2020 from 107.3 points in October 2020.
During the first eleven months of 2020, the consumer prices retreated by 2.4%, when compared to the corresponding period of 2019.
The prices of recreation and culture group dropped by 21.8% YoY in the January-November period of 2020, contributing to 50.5% of the overall decrease in Abu Dhabi's CPI.
The prices of the housing, water, electricity, gas, and fuel group decreased by 3.1% during the January-November period of 2020, compared to the same period in 2019.
On the other hand, the prices of the food and beverages group rose by 5.8% in the first eleven months of 2020, compared to the corresponding period of 2019.
