Arab Today, arab today inflation in uae down by 044 in february
Last Updated : GMT 08:04:25
Arab Today, arab today
Arab Today, arab today

Inflation in UAE down by 0.44% in February

Arab Today, arab today

Arab Today, arab today Inflation in UAE down by 0.44% in February

Dubai - Arabstoday

Inflation in the UAE fell by 0.44 per cent in February, compared to January this year while it increased by 0.56 per cent on year-on-year basis, mainly because food inflation, according to National Bureau of Statistics data. Inflation in the country is expected to remain under 2 per cent in 2012, according to Minister of Economy Sultan bin Saeed Al Mansouri. On the other hand analysts predicted inflation rate at 2.4 per cent while it was 1.6 per cent last year. “I hope we will be able to control it. It was hovering around 1.5 per cent and it should not get past two per cent,” the minister said last week in Dubai. “The overall Consumer Price Index (CPI) for the UAE reached 116.39 in February 2012. …. It decreased by 0.44 per cent compared to its value at the end of January 2012, while it increased by 0.56 per cent compared to its value at the end of February 2011,” the bureau said in a statement. CPI jumped to a six-month high of 0.7 per cent on an annual basis in January, according to the government data. In February, the index heavyweight ‘housing, water, electricity, gas and other fuels’ declined, compared to same month last year. Last month food and non-alcoholic beverages witnessed a sharp jump followed by furniture and household goods, alcoholic beverages & tobacco, clothing & footwear and education. In other emirates, Abu Dhabi and Dubai witnessed declines in monthly inflation while rest of the emirates recorded rise in monthly inflation, according to the data.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today inflation in uae down by 044 in february Arab Today, arab today inflation in uae down by 044 in february

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today inflation in uae down by 044 in february Arab Today, arab today inflation in uae down by 044 in february

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday