Dubai: Dubai’s inflation rate rose to 4.3 per cent in the first quarter of 2015, the Dubai Statistics Centre (DSC) said in a report on Thursday. The increase is due to higher prices of furnishings, household equipment and routine household maintenance, which grew by 9.95 per cent in the first three months of the year compared with the same period in 2014, as well as beverages and tobacco (9.35 per cent) and clothing and footwear (8.4 per cent), as per the report.
Prices of other groups also increased: housing, water, electricity, gas, and other fuels by 7.5 per cent; restaurants and hotels by 2.98 per cent; miscellaneous goods and services by 2.7 per cent; education by 2.6 per cent; communication by 2.3 per cent; transport by 1.4 per cent and health by 0.86 per cent.
However, prices of food and non-alcoholic beverages decreased by 1.3 per cent, while prices of recreation and culture declined 0.49 per cent.
Dubai’s March inflation rose 0.2 per cent compared with February 2015, which saw inflation reach 4.3 per cent.
