Dubai inflation rises to 1.75 per cent in 2016 H1

Dubai:The inflation rate of Dubai has risen to 1.75 percent in the first half of 2016 compared to the same period in 2015, according to a Dubai Statistics Centre report. The report shows the inflation was due to an increase by 5.79 percent in the cost of education group, which represents 4.09 percent of total relative importance in the basket. The housing, water, electricity, gas, and other fuels group levelled up by 3.91 per cent. This group is considered as the highest group in term of relative importance in the consumer basket by 43.70 percent.

 

IANS