Dubai CPI up 3% in October
Rise in price index was due to the increase in prices of housing, water, electricity and gas
The rise in CPI (consumer price index) was due to the increase in prices of the housing, water, electricity and gas group by 22 per cent, furniture and household goods by 15 per cent, transport by 14 per cent and hotels and restaurants by 1 per cent.
The DSC said group whose priced decreased were food and soft drinks (44 per cent), miscellaneous goods and services (10 per cent), communications (1%) while prices of other groups remained stable.
However, retail prices declined 0.12 per cent on a month-to-month basis as compared to their level in October. The recently released figures by the Dubai Statistics Centre indicates decline in prices of water, electricity, food, houses and gas.
