UAE inflation falls to 3.3% in June

Abu Dhabi – Mubasher: The inflation in the UAE declined to 3.29% in June, compared to 3.48% a month earlier.

Cost of Living Index rose to 111.5 points last month versus 107.94 in May, according to a report released by the UAE Federal Competitiveness and Statistics Authority (FCSA).

In June, the prices of housing, electricity, and gas increased by 3% month-on-month, while health care prices inched down 0.01% in comparison with the month before.

The prices of food and beverages added 2.7% month-on-month, whereas tobacco’s prices soared 84.7% against May’s figures, FCSA’s data showed.

Mubasher Contribution Time: 31-Jul-2018 13:02 (GMT)
Mubasher Last Update Time: 31-Jul-2018 13:07 (GMT)