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Noticas


THE ECONOMY - CONSUMER PRICE INDEX


Consumer Price Index goes up by 0.22% in March 2014


posted on 17/04/2014

The overall Consumer Price Index (CPI) reached 119.55 in March 2014, and with comparison with the base year (2007 =100); it increased by 0.22% compared to its value at the end of February 2014, while it increased by 1.85% compared to its value at the end of March 2013, according to National Bureau of Statistics (NBS).
The findings of the CPI for March 2014 at the national level indicate Increases in the following major expenditure groups: - Beverages and Tobacco + 0.92% - Furniture and Household Goods + 0 .86% - Housing + 0.56% - Textiles, Clothing and Footwear + 0.27% - Medical Care + 0.22% - Transportation + 0.17% - Recreation and culture + 0.02% - Restaurants and Hotels + 0.01% At the same time, there were Decreases in other major expenditure group: - Food and Soft Drinks -0.39 % At the Emirate level, the CPI fluctuated considerably in the various emirates as shown below: - Abu Dhabi 1 + 0.06% - Dubai + 0.39% - Sharjah + 0.59% - Ajman + 0.28% - Umm Al-Qaiwain + 0.28% - Ras Al-Khaimah + 0.26% -Fujairah + 0.31%. – Emirates News Agency, WAM
SUBIR | NOTICIAS MS RECIENTES (WAM)


Dubai CPI up 0.39% in March


posted on 17/04/2014

Consumer Price Index (CPI) in Dubai gained 0.39% in March in comparison to February driven by an increase in the groups of alcoholic beverages and tobacco by 4.98%, furnishings, household equipment and routine household maintenance 4.61%, food and non-alcoholic beverages 1.21%, health 0.42%, housing, water, electricity, gas and other fuels 0.36%, restaurants and hotels 0.03% and communication 0.01%, according to data released by Dubai Statistics Centre (DSC).
The monthly report said that other groups which witnessed a decrease included miscellaneous goods and services at 0.89%, recreation and culture 0.60%, clothing and footwear 0.10%, and transport 60%, while the group of education remained stable. – Emirates News Agency, WAM

SUBIR | NOTICIAS MS RECIENTES (WAM)


Abu Dhabi general consumer confidence rises by 10 per cent in 2013


posted on 16/04/2014

The Abu Dhabi general consumer confidence in economic performance index in 2013 registered 135 points, up by 10 per cent compared to 2012, as the Individual Financial Conditions sub-index scored 116 points, up by 6.64 per cent compared to 2012, while the Confidence in Government Policies Index finished with 127 points, increasing by 10 per cent compared to 2012.
The Future Expectation sub-index stood at 162 points, up by 14 percent compared to 2012.
This rise was due to the feeling of consumers and respondents that the financial conditions were better for them and their families in 2013 than 2012, indicated by the financial conditions index registering 116 points in 2013, compared to 109.8 points in 2012.
This was highlighted by the results of the Abu Dhabi Confidence in Economic Performance Index, released by the Studies Directorate of the Department of Economic Development for the year 2013. The results pointed out that the UAE ranked first in Middle East and North Africa and fifth globally according to the Nielsen Global Survey of Consumer Confidence and Spending for the fourth quarter of 2013, as the UAE scored 110 points, ahead of Canada, 13th, the United States, 21st and Norway, 22nd.
The general index in 2013 witnessed improvement in all consumer confidence sub-indices in the Emirate of Abu Dhabi. Results revealed that consumers were optimistic about the decisions on price control mechanisms and the effective role which the Department of Consumer Protection played at the local and federal levels, to control fraudulent goods and organise anti-commercial fraud exhibitions.
According to the results of the index, the Department of Economic Development confiscated 139,000 articles of counterfeit goods between January and November 2013, and filed 89 charges against sellers of counterfeit goods for violating Federal Law No. 4 of 1979, Concerning the Suppression of Fraud and Deception in Commercial Transactions.
Confiscated counterfeit items included 37,615 items of cosmetics, skin and hair care products, 2522 electronic, electrical devices and phones, 22 tobacco and food products items, 6396 items of auto parts and accessories, 63,000 items of sanitary ware and building materials and 33 items of gold and gems.
The estimated market value of seized counterfeit goods was over AED34 million.
During 2013, some logical declines in the value of the general index occurred and affected its normal course but by comparing the index performance in 2013 to 2012, it was noticed that consumers were more optimistic in 2013 due to many factors, particularly the rise in future expectations by 14 percent in 2013, as optimism about employment opportunities increased, along with optimism about economic conditions, and positive expectations of individual financial conditions.
The individual financial conditions index climbed during 2013 to register 116 points on average, compared to 109.8 points on average in 2012, and had not seen any drop below neutrality, 100 points, during both 2012 and 2013. During most of 2013, levels of confidence and optimism were high, compared to the levels of optimism shown by individuals and consumers since April 2009.
During December 2013, the individual financial conditions sub index scored 133 points, the highest value of the index in the whole year.
The level of optimism about consumer and individual future financial conditions was high, as the index stood at nearly 180 points in December 2013, compared to 175 points in December 2012.
After high levels of confidence of individuals about the future in 2013 compared to 2012, it was noted that the levels of confidence about the future conditions in general remain high, due to rising confidence among respondents about the economy of the Emirate of Abu Dhabi, as well as their trust in formulated policies and decision makers.
Moreover, Abu Dhabi's position as a safe and secure haven for investments, compared to many other countries, increased a sense of confidence among individuals, as well as the achievements, ambitious plans, and soundness of the economy of the Emirate of Abu Dhabi, which make the emirate largely immune to the economic turmoil experienced by developed countries in particular. This was reflected in the significant improvement in the performance of the Confidence in Government Policies sub-index.
Sub-index. The Confidence in Government Policies index during the current year added 10 more points compared to 2012, scoring approximately 127 points on average in 2013 compared to 117 points on average during 2012, reflecting the perception of respondents of various nationalities of the considerable efforts made by the Government of Abu Dhabi to provide a dignified life for individuals and the efforts of the government to accelerate the pace of economic growth, for the benefit of all citizens and residents.
As for future expectations, the index was higher in 2013 compared to 2012 as it scored 161.6 points on average in 2013 compared to 147.4 points on average in 2012.
The index results reflected high levels of optimism about the future conditions for the economy of the Emirate of Abu Dhabi, where individuals and consumers expected a significant improvement in the pace of overall economic performance in 2013, as well as their expectations about provision of more job opportunities and the improvement of their financial conditions in particular.
The results also showed high levels of optimism among UAE citizens and consumers in 2013 compared to 2012. Optimism was higher among UAE national citizens, 144 points, compared to non-national residents, 132 points, amid higher expectations of UAE nationals for improvement of financial conditions for them and their families during the three months following the survey.
By comparing the latest results to the results of the previous version of the survey, it was found that consumers were more optimistic about the economy, employment, fixed income, and the stock market.
Consumers were also very optimistic about the standard of living.
Latest results indicated that women participating in the survey showed greater optimism than men, with regard to the expectations in the coming months, while consumers over 30 years of age were more optimistic than younger participants.
The MasterCard Consumer Confidence Index has demonstrated that consumer confidence has witnessed steady growth in the UAE. The high levels attained are spurred by the wise leadership's ambitious plans, in addition to promising growth in key sectors such as tourism, logistics, aviation and the high value of assets, instilling confidence and optimism among the people of the UAE – Emirates News Agency, WAM
SUBIR | NOTICIAS MS RECIENTES (WAM)


Consumer confidence rises as improving state of economy boosts personal finance and job prospects


posted on 13/04/2014

Consumers in Dubai see their personal financial situation improving and brighter job prospects on the road ahead as per the latest findings of the quarterly consumer confidence survey conducted by the Department of Economic Development (DED) in Dubai.
Overall Consumer Confidence Index increased by four points during the first quarter of 2014 to reach 143 points, building on a steady upswing seen in recent years. While job security and increasing utility bills remain major concerns 92 per cent of the consumers are optimistic on the job situation and 91 per cent on their personal finance over the next 12 months.
The state of economy in Dubai was also rated as good or excellent by 91 per cent of the survey respondents with increase in rental/property prices and the tourism boom chiefly driving positive perceptions. Consumers who believe that the state of economy will improve in the next 12 months have increased to 95 per cent from 93 percent recorded in the final quarter of 2013.
The growing confidence is further reflected in the decrease in the percentage of people who believe that Dubai economy is under the impact of recession, from 24 per cent in Q4 2013 to 14 per cent in Q1 2014. Meanwhile, the percentage of consumers who believe that the economy will recover in next 12 months increased from 63 to 77 between the two quarters.
Consumer perception on the current job scenario shows an improvement in Q1 2014 as 79 per cent rated job prospects as excellent/good compared to 75 per cent in Q4 2013. The percentage of consumers who see better job prospects in the next 12 months remained consistent at 92 per cent with 37 per cent seeing excellent prospects and 55 per cent rating them ‘good.' Among locals almost 21 per cent rate current job prospects as excellent while 12 per cent of the expatriates have similar sentiments. Locals also have a more positive view on the current state of personal finance compared to expatriates. Consumers who see current state of personal finance as ‘excellent' have increased to 81 per cent during Q1 2014 from 77 per cent in Q4 2013.
Growing confidence in personal finance is also encouraging more consumers to exercise options with their spare cash. Around half of the respondents plan to spend their spare cash into holidays or savings and 38 per cent are likely to make these transactions in the next 12 months.
Nearly two-third of the consumers feel it is good time to buy thing they need or want and the percentage of such consumers increased during 77 in Q1 2014 from 70 in Q4 2013. Majority of the consumers (79 per cent) cover essential living expenses but lack of job opportunities and salary levels falling short of expectations are among the concerns expressed.
A ‘Consumer Confidence Index' provides a single indicator of consumer sentiment towards the current economic situation as well as intentions and expectations for the future and ability to track consumer confidence over a period of time.
The Consumer Confidence Index is based on responses to three questions regarding perceptions of local job prospects, personal finances and whether it is good to buy things that people need and want, all over the next 12 months. Responses vary from Excellent or Good to Not so good or Bad.
Conducted in each quarter, the survey gathers feedbacks from 2,000 respondents, equally divided between the four quarters of the year. The respondents come from all major residential communities across Dubai and cover males and females as well as nationals and expatriates, aged 18 to 59. – Emirates News Agency, WAM
SUBIR | NOTICIAS MS RECIENTES (WAM)


Abu Dhabi's inflation rate in CPI for the first two months of 2014 at 2.3%: SACD


posted on 12/03/2014

Abu Dhabi's Consumer Price Index (CPI) increased by 2.6% in February 2014, compared with the same period of 2013, as shown by the increase in the CPI from 123.2 points in February 2013 to 126.3 points in February 2014,Abu Dhabi Statistics Centre (SCAD) monthly data showed. .
Abu Dhabi's inflation rate in consumer prices for the first two months of 2014 was 2.3%, compared with the same period of 2013, as shown by the increase in the Consumer Price Index (CPI) to 126.2 points during the first two months of 2014, up from 123.3 points during the same period of 2013, the report said.
This report provides an analysis of the results of the CPI for the month of February 2014 with the base year 2007. In addition, the report provides the results of the CPI by household welfare levels and by household type. The main findings of this analysis are outlined below: An overall rise of 2.3% in consumer prices during the first two months of 2014 compared with the same period in 2013, has led to an increase of 2.1% in consumer prices for households of the bottom welfare quintile over this period of comparison. As for the other welfare levels, consumer prices grew by 2.4% for the middle and 2.2% for the top welfare quintile.
The rise in consumer prices for the first two months of 2014 compared with the same period in 2013, pushed up consumer prices for citizen by 2.4% while the non-citizen and share households increased by 2.3%.
The rise in consumer prices for the first two months 2014 compared with the same period in 2013, pushed up consumer prices by region for Abu Dhabi region by 2.1%, Al Ain region and Al Gharbia by 2.3% "Food and non-alcoholic beverages" group accounted for the largest rise in the index during the first two months 2014 compared with the same period of 2013, contributing 29.7% to the change. The rises in the "Food and non-alcoholic beverages" group came as a result of increases in the prices of most subgroups included in this group. The prices of the "Fish and seafood" subgroups rose by 21.5%, "Vegetables" by 11.4%, "Coffee, tea and cocoa" by 8.4% and "Food products " by 5.6%.
The second highest contributor to the overall increase in the CPI over the first two months of 2014 was the "Housing, water, electricity, gas and other fuels" group with a 25.0% contribution to the rise in consumer prices for the periods compared, while its prices increased by 1.5%.
The "Clothing and footwear" group, contributed for 13.6% of the increase to CPI over the comparison period. This contribution resulted from an increase of 4.0% in the prices of this group The prices of "Restaurants and hotels" rose by 5.1% during the first two months of 2014 compared with the same period of 2013. This group contributed 9.4% of the total increase achieved by all groups.
The "Furnishings, household equipment" group accounted for 8.9% of the overall increase occurring during the first two months of 2014 compared with the same period of 2013. This contribution resulted from an increase of 4.2% in the prices of this groups.
Among the main groups that slowed down the rise in consumer prices during the first two months of 2014 compared with the same period of 2013, was the "Communication" group, which contributed -0.6%.The prices of this group decreased by 0.2%.

CPI of February 2014: Comparing the CPI of February 2014 with the CPI of February 2013 The average consumer prices increased by 2.6% in February 2014 compared with February 2013, with the CPI at 126.3 points in February 2014, up from 123.2 points in February 2013. This increase in prices is due to the net movement (increases and decreases) of consumer prices during these months.
The most significant groups, which experienced increases in prices during February 2014 compared with February 2013, were the groups of "Restaurants and hotels" by 6.6%, "Miscellaneous goods and services" by 4.5% ,"Clothing and footwear" by 4.2%, and "Food and non-alcoholic beverages", "which increased by 4.1%, Meanwhile the prices for the "Communication" group decreased by 0.2% over the period.
The average consumer prices increased by 0.2% in February 2014 compared with January 2014. This overall increase in prices between the two months reflects the net movement (increases and decreases) of consumer prices during the periods compared.
The most significant groups, which experienced increases in prices during February 2014 compared with January 2014, were the "Miscellaneous goods and services" which increased by 4.0%.

CPI by household welfare level: Comparing the average CPI by household welfare level for the first two months of 2014 with the same period of 2013 The rise of 2.3% in consumer prices during the first two months of 2014 compared with the same period in 2013, resulted in an increase of 2.1% in consumer prices for households of the bottom welfare quintile for the same period of comparison. The corresponding rise for other welfare levels was 2.4% for the middle quintile and 2.2% for the top quintile.

Comparing the average CPI by household welfare level for February 2014 with February 2013: The rise in consumer prices in February 2014 by 2.6% compared with February 2013 caused a rise in consumer prices for households in the bottom welfare quintile of 1.9%, while prices increased for households in the middle quintile by 2.7%, and the top welfare quintile by 2.6%.
Comparing the average CPI by household welfare level for February 2014 with January 2014: In February 2014, consumer prices increased by 0.2% compared with January 2014. This caused increases of 0.2% in consumer prices for households in the middle quintile and 0.4% in the top welfare quintile.

CPI by household type: Comparing the average CPI by household type for the first two months of 2014 with the same period of 2013 The 2.3% rise in consumer prices for the first two months of 2014 compared with the same period of 2013, pushed up consumer prices for citizen households by 2.4%, while non-citizen households and share households increased by 2.3%.

Comparing the average CPI by household type for the month of February 2014 with February 2013: The 2.6% rise in consumer prices in February 2014 compared with February 2013 caused a 2.8% rise in consumer prices for citizen and 2.4% for non-citizen households during the same period.

Comparing the average CPI by household type for the month of February 2014 with January 2014: The 0.2% increase in consumer prices in February 2014 compared with January 2014 caused a 0.4% increase in consumer prices for citizen households and 0.1% for non-citizen households during the same period.

CPI by Region: The 0.2% increase in the CPI in February 2014 compared with January 2014 resulted in an increase of 0.2% in the CPI for Abu Dhabi, Al Ain and Al Gharbia region. The increase in the CPI in Abu Dhabi Region contributed 66% of the total increase achieved during the two months, Al-Ain Region contributed 26%.while Al Gharbia region contributed 8% of the total increase achieved during the period.

Consumer Price Index - Abu Dhabi Region: The inflation rate in the Abu Dhabi region was 2.1% in the first two months of 2014, compared with the same period of 2013.
The inflation rate in the Abu Dhabi region increased by 2.5% in February 2014, compared with the same month in 2013.
The CPI increased by 0.2% in February 2014, compared with January 2014. The major groups that increased in February 2014 compared with January 2014 were "Recreation and culture" by 3.8%, "Miscellaneous goods and services" by 3.2% and "Restaurants and hotels" with an increase of 2.7%.

Consumer Price Index- Al Ain Region The inflation rate in the Al Ain region was 2.3% in the first two months of 2014, compared with the same period of 2013.

The inflation rate in the Al Ain region increased by 2.6% in February 2014, compared with the same month in 2013.
The CPI increased by 0.2% in February 2014, compared with January 2014.The major groups that increased in February 2014 compared with January 2014 were ""Restaurants and hotels" by 1.6%, "Food and non-alcoholic beverages" by 0.5%, and "Miscellaneous goods and services" with an increase of 0.4%.

Consumer Price Index, Al Gharbia Region: The inflation rate in the Al Gharbia region was 1.6% in the first two months of 2014, compared with the same period of 2013.
The inflation rate in the Al Gharbia region increased by 2.0% in February 2014, compared with the same month in 2013.
The CPI increased by 0.3% in February 2014, compared with January 2014. The major groups that increased in February 2014 compared with January 2014 were "Miscellaneous goods and services" group by 3.1%, "Food and non-alcoholic beverages" by 0.3%, and the "Furnishings, household equipment and routine household maintenance" with an increase of 0.2%. – Emirates News Agency, WAM

SUBIR | NOTICIAS MS RECIENTES (WAM)


Abu Dhabi inflation at 2.1 percent in January 2014


posted on 20/02/2014

Statistics Centre - Abu Dhabi issued yesterday its periodic report on the consumer price index (CPI) and the inflation rate in the Emirate of Abu Dhabi for the month of January 2014.
The report analyses the CPI calculations for the periods under review, detailed by household type, welfare level and geographical region, with the year 2007 fixed as the base year.
As SCAD's report reveals, consumer prices increased 2.1 in January 2014, compared with the same period in 2013, as shown by the rise in the CPI from 123.5 points in January 2013 to 126.0 points in January 2014. A month over month comparison, however, shows that the CPI increased 0.1 percent in January 2014 compared with December 2013.
The single largest rise was recorded in the prices of the "Food and non-alcoholic beverages" group, which accounted for 30.7 percent of consumer inflation during the period under review, reflecting increases in the prices of most subgroups within this group: the prices of "Vegetables" increased by 19.6 percent, "Fish and seafood" by 18.7 percent, "Food products n.e.c." by 5.5 percent, "Oils, and fats" by 3.8 percent and "Milk, cheese and eggs" by 2.0 percent.
The second largest contributor to the overall y-o-y increase in the CPI during January 2014 was the "Housing, water, electricity, gas and other fuels" group which accounted for 27.7 percent of the overall increase observed during January 2014 compared with the same period of 2013, the prices of this group increased by 1.5 percent.
The "Clothing and footwear" group accounted for 14.3 percent of the overall increase occurring during January 2014 compared with the same period of 2013. The prices of this group advanced by 3.8 percent.
The "Furnishings, household equipment and routine household maintenance" group, accounted for 4.4% of the increase.
Among the main groups that slowed down the rise in consumer prices during January 2014 compared with January 2013, was the "Recreation and culture" group, which detracted 2.0 percentage points from the overall rise as the group's prices dropped by 1.9 percent.
January 2014/December 2013 SCAD's report reveals a decrease of 0.1 percent in consumer prices in January 2014 compared with December 2013, reflecting the net outcome of the upward and downward changes in the basket prices between the two months compared.
The key rises in consumer prices between January 2014 and December 2013 were observed in the "Furnishings, household equipment and routine household maintenance" (up 0.7 percent) and "Miscellaneous goods and services" (up 0.4 percent).
CPI by household welfare level for January 2014 with January 2013 Detailed by household welfare level, the overall 2.1 percent rise in consumer prices in January 2014 compared with January 2013 implied an increase of 2.3 percent for households in the bottom welfare quintile, 1.9 percent for the top welfare quintile and 2.2 percent for households of the middle quintile.
CPI by household welfare level for January 2014 with December 2013 The overall 0.1 percent rise in consumer prices in January 2014 compared with December 2013 reflected as a proportionate increase of 0.1 percent for the bottom, top and middle household welfare levels.
CPI by household type for January 2014 with January 2013 The 2.1 percent rise in consumer prices in January 2014 compared with January 2013 reflected as an increase of 2.0 percent in consumer prices for citizen households, 2.1 percent for non-citizen households and 2.4 percent for share households.
CPI by household type for January 2014 with December 2013 The overall 0.1 percent increase in consumer prices in January 2014 compared with December 2013 implied a proportionate increase of 0.1 percent in consumer prices for non-citizen and share households.
Abu Dhabi inflation in January 2014 Average consumer prices edged up 0.1 percent in January 2014 compared with December 2013 as the CPI advanced from 126.1 points to 126.0 points over the aforesaid period.
The key price rises in January 2014 were observed in the "Furnishings, household equipment and routine household maintenance" (up 0.8 percent), "Transport" (up 0.1percent) and "Miscellaneous goods and services" (up 0.5percent).
Al Ain inflation in January 2014 Consumer prices increased by a slight 0.2 percent in January 2014 compared with December 2013 as the CPI rose from 126.1 points to 125.8 points over the same period.
Major groups that exhibited price increases in January 2014 were "Furnishings, household equipment and routine household maintenance" (up 6.1 percent) and "Hotel and restaurants" (up 0.6 percent).
Al Gharbia inflation in January 2014 Average consumer prices rose by 0.1 percent in January 2014 compared with December 2013 as the CPI rose from 124.5points to 124.4 points over the period referred to.
Of note was the increase by 0.6 percent in the prices of "Alcoholic beverages and tobacco" during January 2014. – Emirates News Agency, WAM
SUBIR | NOTICIAS MS RECIENTES (WAM)


Consumer Price Index goes up by 0.13% in January 2014


posted on 20/02/2014

The overall Consumer Price Index (CPI) reached 119.12 in January 2014, and with comparison with the base year (2007 =100); it increased by 0.13% compared to its value at the end of December 2013, while it increased by 1.45% compared to its value at the end of January 2013, National Bureau of Statistics (NBS) data showed.
The findings of the CPI for January 2014 at the national level indicated an increases in the following major expenditure groups: Housing by 0.60%, Furniture and Household Goods by 0.15%, Transportation 0.08%, Medical Care by 0.06% and Communications by 0.02%.
At the same time, the NBS noted the decreases in other major expenditure group: Food and Soft Drinks by 0.51 %, Miscellaneous Goods and Services by 0.30%, Textiles, Clothing and Footwear by 0.17% and Restaurants and Hotels by0.01%.
At the Emirate level, the CPI fluctuated considerably in the various emirates as shown below: Abu Dhabi (+0.07%), Dubai (+ 0.49%), Sharjah (-0.12 %), Ajman (+ 0.18%), Umm Al Qaiwain (+ 0.15%), Ras Al Khaimah (- 0.08%), and Fujairah (-0.18%). – Emirates News Agency, WAM

SUBIR | NOTICIAS MS RECIENTES (WAM)


Dubai's inflation up in January


posted on 19/02/2014

The inflation rate in Dubai rose 0.49 per cent in January compared to December 2013, according to Dubai Statistics Centre (DSC) data on Tuesday.
The increase in Dubai's inflation is a result of a rise in the prices of education (3.99 per cent), housing, water, electricity, gas, and other fuels (3.87 per cent), food and non-alcoholic beverages (3.66 per cent), health (2 per cent), alcoholic beverages and tobacco (1.65 per cent), furnishings, household equipment and routine household maintenance (0.98 per cent), transport (0.78 per cent), recreation and culture (0.56 per cent), miscellaneous goods and services (0.30 per cent) and restaurants and hotels (0.06 per cent).
Meanwhile, the inflation rate fell for the groups of clothing and footwear by 2.80 per cent and communication by 0.07 per cent.
This was driven by an increase in the prices of housing, water, electricity, gas, and other fuels (2.01 per cent), health (1.75 per cent), transport (0.33 per cent), communication (0.16 per cent).
Meanwhile, prices of food and non-alcoholic beverages dropped by 2 per cent, clothing and footwear by 0.39 per cent, miscellaneous goods and services by 0.27 per cent, furnishings, household equipment and routine household maintenance by 0.10 per cent, restaurants and hotels by 0.04 per cent and recreations and culture by 0.01 per cent.
Prices of education, alcoholic beverages and tobacco remained stable, according to DSC data. – Emirates News Agency, WAM

SUBIR | NOTICIAS MS RECIENTES (WAM)


Abu Dhabi Inflation at 1.3 percent for twelve months of 2013


posted on 13/01/2014

Consumer Price Index (CPI) increased 1.3 percent over the twelve months of 2013 compared with the same period in 2012, as shown by the rise in the CPI from 122.9 points in the twelve months of 2012 to 124.5 points over the same period of 2013, according to Statistics Centre - Abu Dhabi (SCAD).
SCAD issued yesterday its periodic report on the consumer price index (CPI) and the inflation rate in the Emirate of Abu Dhabi for the month of December and the fourth quarter of 2013. The report analyses the CPI calculations for the periods under review, with the year 2007 fixed as the base year.

Consumer prices in the twelve months of 2013/2012:
As SCAD's report reveals, consumer prices increased 1.3 percent over the twelve months of 2013 compared with the same period in 2012, as shown by the rise in the CPI from 122.9 points in the twelve months of 2012 to 124.5 points over the same period of 2013.
The "Food and non-alcoholic beverages" group which accounted for the largest rise in the index during the twelve months 2013 compared with the same period of 2012, contributing 25.9% to the change. The rises in the "Food and non-alcoholic beverages" group came as a result of increases in the prices of most subgroups included in this group. The price of "Vegetables" by 9.1%, "Coffee, tea and cocoa" subgroups rose by 6.4%, "Food products n.e.c." subgroups rose by 4.2%, "Fish and seafood" by 3.7% and "Fruit" rose by 2.4% The second highest contributor to the overall increase in the CPI over the twelve months of 2013 was the "Transport" group, accounting for 21% of the increase. This resulted from an increase of 2.8% in the prices of this group.
The prices of "Clothing and footwear" rose by 2.7% during the twelve months of 2013 compared with the same period of 2012. This group contributed 16.8% of the total increase achieved by all groups.
The "Restaurants and hotels" group accounted for 15.6% of the overall increase occurring during the twelve months of 2013 compared with the same period of 2012.
The "Education" group accounted for 3.3% of the overall increase occurring during the first twelve months of 2013 compared with the same period of 2012. This group contributed 9.1% of the total increase achieved by all groups.
Consumer price for the fourth quarter 2013 /2012 The "Food and non-alcoholic beverages" group accounted for 36.5% of the increase in the CPI, with prices for this group increasing by 3.8%.
The "Housing, water, electricity, gas and other fuels" which accounted for 18.1% of the percentage point rise in the index. This was due to increases in the prices of most of the subgroups included in this group, with prices for this group increasing by 0.9%.
The "Clothing and footwear" group accounted for 15.3% of the increase in the CPI, with prices for this group increasing by 3.6%.
The "Transport" group accounted for 10% of the increase in the CPI, with prices for this group increasing by 1.9%.
The CPI for Q4 2013 compared with Q3 2013 increased by 0.5 per cent. The most significant individual increase came from prices for "Housing, water, electricity, gas and other fuels" which increased by 0.6%.

Consumer prices in December 2013/2012:
The average consumer prices increased by 2.2% in December 2013 compared with December 2012, with the CPI at 126.0 points in December 2013, up from 123.3 points in December 2012.
The most significant groups, which experienced increases in prices during December 2013 compared with December 2012, were the "Food and non-alcoholic beverages" with 4.6%, "Restaurants and hotels" group with a 3.7% increase, followed by "Clothing and footwear" with 3.3% and "Housing, water, electricity, gas and other fuels" with 1.5%, and "Transport" with 1.2%.

Consumer prices in December / November 2013:
The average consumer prices increased by 0.1% in December 2013 compared with November 2013. This overall increase in prices between the two months reflects the net movement (increases and decreases) of consumer prices during the periods compared.

Consumer prices by household welfare level:
Comparing the average CPI by household welfare level for the twelve months of 2013 with the same period of 2012 The rise of 1.3% in consumer prices during the twelve months of 2013 compared with the same period in 2012, resulted in an increase of 1.6% in consumer prices for households of the bottom and top welfare quintile for the same period of comparison. The corresponding rise for other welfare levels was 1.2%.

Comparing the average CPI by household welfare level for December 2013 with December 2012:
The rise in consumer prices in December 2013 by 2.2% compared with December 2012 showed a rise in consumer prices for households in the bottom welfare quintile by 2.6% and top welfare quintile by 2.0%, while prices increased by 2.3% households in the middle quintile.

Comparing the average CPI by household welfare level for December 2013 with November 2013:
In December 2013 consumer prices increased by 0.1% compared with November 2013. This was due to an increase of 0.1% in consumer prices for households in the top welfare quintile.

CPI by household type:
Comparing the average CPI by household type for the twelve months of 2013 with the same period of 2012 The 1.3% rise in consumer prices for the twelve months of 2013 compared with the same period of 2012, pushed up consumer prices for citizen and non-citizen households by 1.2%, and share households by 1.7%.

Comparing the average CPI by household type for the month of December 2013 with December 2012:
The 2.2% rise in consumer prices in December 2013 compared with December 2012 was due to a 2.2% rise in consumer prices for citizen households, a 2.1% rise for non-citizen households, while prices for share households increased by 2.6%.
Comparing the average CPI by household type for the month of December 2013 with November 2013:
The 0.1% increase in consumer prices in December 2013 compared with November 2013 was due to a 0.1% increase in consumer prices for non-citizen during the same period. - Emirates News Agency, WAM

SUBIR | NOTICIAS MS RECIENTES (WAM)


UAE purchasing managers’ index dropped to 57.4 in December


posted on 07/01/2014

The UAE's purchasing managers' index (PMI) declined to 57.4 in December, from a record high of 58.1 in November. The index, compiled by HSBC Holdings and Markit Economics, is a composite indicator of UAE's non-oil economy based on data compiled from monthly replies to questionnaires sent to purchasing executives in around 400 private sector companies in the UAE, representing manufacturing, services, construction and retail.
"The HSBC PMI offers clear evidence that the UAE economy not only finished 2013 strongly but is well placed to carry momentum into the new year,” Simon Williams, chief economist at HSBC Middle East, said in an e-mailed statement.

Non-oil producing private sector
The index data showed that activity in the UAE's non-oil producing private sector jumped to a record high as new order intakes expanded. The rate of growth in new export orders increased on the back of improving economic conditions, competitive pricing and good marketing efforts. However, the pace of expansion was the slowest in four survey periods.
New orders increased, marking second-quickest jump in the series history, after November's record high. Survey respondents linked new order growth to good economic conditions, higher construction activity and increased sales team efforts.
Input costs increased further, which sent non-oil private sector companies to increase their selling prices after two months of price reductions. Purchase prices climbed at its fastest pace in more than a year.
"Input prices rose marginally faster in December, and firms passed on some of these costs by raising output prices for the first time in three months. We expect output prices to continue to rise modestly through 2014, as margins have been under pressure for several years,” a statement by Emirates NBD Research said. 

Wages
Wage inflation, meanwhile, was stable compared to November.
Staffing levels rose with the increased activity and new orders. However, employment growth eased compared to the previous month. The gain in employment and quality of purchases suggests that "firms are optimistic that the current strong demand environment will persist,” Williams said.
According to him, backlog of work increased by almost two points to 54. "[It is] the highest level in more than three years and a strong marker that the fast growing UAE economy has exhausted the spare capacity that accumulated after the 2008/2009 slump and is now running up against supply-side capacity constraints,” he said.
Echoing his views is the statement by Emirates NBD Research: "Overall, the PMI data through 2013 has painted a picture of recovering domestic demand and faster growth in the non-oil sectors of the UAE.” – Gulf News
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Consumer Price Index goes up by 0.10% in November 2013


posted on 17/12/2013

The overall Consumer Price Index (CPI) reached 118.89 in November 2013, and with comparison with the base year (2007 =100); it increased by 0.10% compared to its value at the end of October 2013, while it increased by 1.40% compared to its value at the end of November 2012, National Bureau of Statistics (NBS) said yesterday.
The findings of the CPI for November 2013 at the national level indicated increases in the following major expenditure groups: - Furniture and Household Goods +1.02 % - Restaurants and Hotels +0.65 % - Miscellaneous Goods and Services +0.42 % - Food and Soft Drinks +0.15 % - Beverages and Tobacco +0.06 % - Housing +0.01 % At the same time, the NBS noted, there were decreases in other major expenditure group: - Medical Care -0.42% - Transportation -0.14% - Textiles, Clothing and Footwear -0.10% - Recreation and Culture -0.06 % - Communications -0.01% At the Emirate level, the CPI fluctuated considerably in the various emirates as shown below: - Abu Dhabi +0.14% - Dubai + 0.25% - Sharjah -0.13 % - Ajman + 0.27% - Umm Al-Qaiwain + 0.11% - Ras Al-Khaimah - 0.02% - Fujairah -0.15%. – Emirates News Agency, WAM
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Dubai's CPI up 0.25% in November


posted on 13/12/2013

The Consumer Prices Index (CPI) in the Emirate of Dubai rose 0. 25% on average in November compared to the previous month, Dubai Statistics Centre (DSC) said on Thursday.
The rise in CPI was driven by the increase in group prices of the food and non-alcohol drinks by 2.26%, hotels and restaurants by 4%, and housing, water, electricity and gas by 3%, the DSC said in its monthly report on CPI and the inflation rate.
The CPI saw a drop in the groups of transport (55%), miscellaneous commodities and services (18%), communications (6%), furniture and household goods (1%), while prices of other groups remained stable. – Emirates News Agency, WAM

SUBIR | NOTICIAS MS RECIENTES (WAM)


CPI in Abu Dhabi up 1.1% in first ten months


posted on 18/11/2013

The inflation rate in consumer prices for the first ten months of 2013 in Emirate of Abu Dhabi was 1.1%, compared with the same period of 2012, as shown by the increase in the CPI to 124.2 points during the first ten months of 2013, up from 122.9 points during the same period of 2012, according to the Statistics Centre - Abu Dhabi (SCAD) The CPI increased by 1.6% in October 2013, compared with the same period of 2012, as shown by the increase in the CPI from 123.7 points in October 2012 to 125.7 points in October 2013.
The CPI decreased by 0.2% in October 2013 compared with September 2013.
This report provides an analysis of the results of the CPI for the month of October 2013 with the base year 2007. In addition, the report provides the results of the CPI by household welfare levels and by household type.
The "Transport" group accounted for the largest rise in the index during the first ten months 2013 compared with the same period of 2012 contributed 25.8% to the rise in consumer prices for the periods compared, with its prices increasing by 3.0%.
The second highest contributor to the overall increase in the CPI over the first ten months of 2013 was the "Food and non-alcoholic beverages" group contributing 21.8% to the change. Rises in the "Food and non-alcoholic beverages" group came as a result of increases in the prices of most subgroups included in this group. The prices of "Vegetables" subgroups rose by 6.7%, "Coffee, tea and cocoa" by 5.7%, "Food products n.e.c." by 4.6%, "Fruits" by 3.3% and "Fish and seafood" by 1.7%.
The "Restaurants and hotels" group, accounting for 18.5% of the increase. This contribution resulted mainly from an increase of 5.0% in the prices of this group The prices of "Clothing and footwear" rose by 2.6% during the first ten months of 2013 compared with the same period of 2012. This group contributed 17.9% of the total increase achieved by all groups.
The "Furnishings, household equipment" group rose by 2.4% and contributed 10.5% of the overall increase occurring during the first ten months of 2013 compared with the same period of 2012.
The "Education" group contributed 9.9% to the rise in consumer prices for the periods compared, with its prices increasing by 3.2%.
Among the main groups that slowed down the rise in consumer prices during the first ten months of 2013 compared with the same period of 2012, was the "Housing, water, electricity, gas and other fuels" group which contributed -11.3%.The prices of this group decreased by 0.3%.
Comparing the CPI of October 2013 with the CPI of October 2012, the average consumer prices increased by 1.6% in October 2013 compared with October 2012, with the CPI at 125.7 points in October 2013, up from 123.7 points in October 2012. This increase in prices is due to the net movement (increases and decreases) of consumer prices during the mentioned months.
The most significant groups, which experienced increases in prices during October 2013 compared with October 2012, were the "Alcoholic beverages and tobacco" group with a 1.8% increase, followed by "Education" with 3.9% and "Clothing and Footwear" with 3.8%, "Transport" with 2.6%, while "recreation and culture" group decreased by 0.7%.
The average consumer prices increased by 1.6% in October 2013 compared with October 2012, with the CPI at 125.7 points in October 2013, up from 123.7 points in October 2012. This increase in prices is due to the net movement (increases and decreases) of consumer prices during the mentioned months.
The most significant groups, which experienced increases in prices during October 2013 compared with October 2012, were the "Alcoholic beverages and tobacco" group with a 1.8% increase, followed by "Education" with 3.9% and "Clothing and Footwear" with 3.8%, "Transport" with 2.6%, while "recreation and culture" group decreased by 0.7%.
Comparing the average CPI by household welfare level for the first ten months of 2013 with the same period of 2012 The rise of 1.1% in consumer prices during the first ten months of 2013 compared with the same period in 2012, resulted in a surge of 1.5% in consumer prices for households of the bottom welfare quintile for the same period of comparison. The corresponding rise for other welfare levels was 1.1% for households of the top and middle quintiles. .
Comparing the average CPI by household welfare level for October 2013 with October 2012, the rise in consumer prices in October 2013 by 1.6% compared with October 2012 caused a rise in consumer prices for households in the bottom welfare quintile by 2.1% and top welfare quintile by 1.4% within the same period, also prices increased for households in the middle quintile by 1.6%.
Comparing the average CPI by household type for the first ten months of 2013 with the same period of 2012, the 1.1% rise in consumer prices for the first ten months of 2013 compared with the same period of 2012, pushed up consumer prices for citizen and non-citizen households by 1.1, and share households by 1.6%.
Comparing the average CPI by household type for the month of October 2013 with October 2012, the 1.6% rise in consumer prices in October 2013 compared with October 2012 caused a 1.5% rise in consumer prices for citizen and for non-citizen households during the same period, while prices for share households increased by 2.0%. – Emirates News Agency, WAM
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Dubai CPI up 03% in October


posted on 12/11/2013

Consumer prices in the emirate of Dubai rose 03% on average in October compared to the same month a year ago, Dubai Statistics Centre (DSC) said on Monday.
The rise in CPI (consumer price index) was due to the increase in prices of the housing, water, electricity and gas group by 22%, furniture and household goods by 15%, transport by 14% and hotels and restaurants by 01%.
The DSC said group whose priced decreased were food and soft drinks (44%), miscellaneous goods and services (10%), communications (01%) while prices of other groups remained stable.
The DSC noted that annual average inflation of CPI surged 2.07% in October compared to the same month in 2012.
Consumer prices in Dubai surged 2.67 per cent in Dubai in November on the backdrop of rise in prices of goods and services during the month. Education, clothing and footwear and services of hotels and restaurants turned dearer during the month that pushed overall price index.
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.
Prices of food and non-alcohol drinks declined 1.29 per cent given to ease in prices of fish, seafood and vegetables. Similarly, tobacco products, health services and miscellaneous commodities reported a rise of 3.8 per cent, 3.35 per cent and 2.97 per cent during the reporting month.
Prices of furniture, fixtures and house ware rose 2.17 per cent in November while transportation became dearer by 0.49 per cent. Other expenditure groups including entertainment and culture group reported a rise of 0.03 per cent.
Property market continued to remain under pressure and prices of housing materials, services and maintenance declined by 2-5 per cent. – Emirates News Agency, WAM

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Abu Dhabi Inflation at 1.4 per cent y-o-y in Q3 2013: SCAD


posted on 22/10/2013

Consumer prices in the Emirate of Abu Dhabi increased 1.1 per cent over the first three quarters of 2013 compared with the same period in 2012, driven by the rise in the CPI from 122.8 points in the first nine months of 2012 to 124.1 points over the same period of 2013, Statistics Centre - Abu Dhabi (SCAD) revealed on Monday.
SCAD issued its periodic report on the consumer price index (CPI) and the inflation rate in the Emirate of Abu Dhabi for the month of September and the third quarter of 2013. The report analyses the CPI calculations for the periods under review, with the year 2007 fixed as the base year.
Consumer prices in the first nine months of 2013/2012 As SCAD's report reveals, consumer prices increased 1.1 per cent over the first three quarters of 2013 compared with the same period in 2012, as shown by the rise in the CPI from 122.8 points in the first nine months of 2012 to 124.1 points over the same period of 2013.
The single largest rise was recorded in the prices of the "Transport" group, which grew by 3 per cent, accounting for 27.5 per cent of consumer inflation during the period under review.
The "Restaurants and hotels" group grew by 5.3 per cent, contributing the second largest share (20.5 per cent) of the overall increase in consumer prices during the first three quarters of 2013.
The prices of "Furnishings, household equipment and routine household maintenance" rose by 2.7 per cent, contributing 12.2 per cent of the total increase in all groups over the first nine months of 2013.
The prices of the "Food and non-alcoholic beverages" group contributed 19.4 per cent of the overall increase recorded during the period under review, reflecting rises in most of the items of this group: "Vegetable" prices advanced by of 5.5 per cent, "Fruit" by 4.4 per cent, "Coffee, tea and cocoa" by 5.4 per cent, Oils and fats" by 1.7 per cent and "Other food products" by 4.8 per cent.
Among the main groups that slowed down the rise in consumer prices during the first three quarters of 2013 was the "Housing, water, electricity, gas and other fuels" group, which detracted 15.4 per cent from the total growth in all expenditure groups during the aforesaid period as the group's prices declined by 0.4 per cent.
Consumer prices in Q3 2013 As SCAD's report finds, average consumer prices grew by 1.4 per cent in the third quarter of 2013 compared with Q3 2012. The largest individual contributor to this rise was the "Food and non-alcoholic beverages" which accounted for 34.7 per cent of it, due to increases in most of the items falling within this group: the prices of "Fish and seafood" increased by 13.2 per cent, "Vegetables" by 6.6 per cent, "Fruit" by 3.4 per cent, "Coffee, tea and cocoa" by 6.4 per cent, "Oil and fats" by 1.8 and "Other food products" by 5.1.
The next largest contributor to the overall increase in the CPI over the third quarter of 2013 was the "Transport" group, which accounted for 22.4 per cent of the rise in the index, due to increases in the prices of most of its subgroups by 3.3 on average.
The "Clothing and footwear" group accounted for 14.6 per cent of Q3 increase in the CPI, reflecting a rise of 2.6 per cent in the prices of this group.
Consumer prices increased by 1.3 per cent in Q3 2013 compared with Q2 2013. The most significant individual increases were observed in the "Food and non-alcoholic beverages" group (up 4.6 per cent) and the "Restaurants and hotels" group (up 1.6 per cent).
Consumer prices in September 2013/2012 Consumer prices increased by 1.8 per cent on average in September 2013 compared with September 2012, as the CPI advanced to 125.9 points in September 2013, up from 123.7 points in September 2012. This increase in prices reflects the net movement (increases and decreases) in consumer prices during the period under review.
The largest increases in prices during September 2013 compared with September 2012, were "Alcoholic beverages and tobacco" (up 8.5 per cent), "Transport" (up 3.6 per cent) and "Food and non-alcoholic beverages" (up 3.8 per cent). On the other hand, the "Recreation and culture" group edged down 0.8 per cent over the same period.
Consumer prices in September/ August 2013 Average consumer prices increased by 0.8 per cent in September 2013 compared with August 2013. This overall increase in prices between the two months reflects the net movement (increases and decreases) of consumer prices during the periods compared.
The largest increases in consumer prices during September 2013 compared with August 2013 were observed in the "Education" group, which advanced 3.9 per cent, followed by the "Clothing and footwear" group (up 2.0 per cent) and the "Food and non-alcoholic beverages" group (up 1.1 per cent). – Emirates New Agency, WAM

SUBIR | NOTICIAS MS RECIENTES (WAM)


Abu Dhabi Inflation at 1.0 per cent Y-o-Y over first eight months of 2013


posted on 17/09/2013

Statistics Centre - Abu Dhabi issued yesterday its monthly report on the consumer price index (CPI) and the inflation rate in the Emirate of Abu Dhabi for the month of August and the first eight months of 2013, detailed by the major expenditure groups.
As the report finds, consumer inflation was 1.0 per cent during the first eight months of 2013 compared with the same period in 2012, as shown by the increase in the consumer price index (CPI) to 123.8 points during the first eight months of 2013, up from 122.6 points for the same period of 2012, reflecting the combined outcome of the upward and downward changes in the prices of the consumer basket items between the two periods compared.
Consumer prices in the first eight months of 2013 The "Transport" group accounted for 29.3 per cent of the overall increase in prices during the first eight months of 2013, due to a rise of 3.0 per cent in the average prices of this group.
The next largest contributor to the overall increase in the CPI during the first eight months of 2013 was the "Restaurants and hotels" group, which advanced 5.7 per cent, accounting for 23.8 per cent of the overall y-o-y increase observed during the period under review.
The prices of "Furnishings, household equipment and routine household maintenance" grew by 3.0 per cent during first eight months of 2013 compared with the same period of 2012; contributing 15.0 per cent of the net y-o-y increase in all expenditure groups during the aforesaid period.
The "Food and non-alcoholic beverages" group contributed 15.5 per cent of the net increase in consumer prices during first eight months 2013 compared with the same period of 2012. The surge in this group resulted from increases in the prices of most of its subgroups, including the "Vegetables", which advanced by 5.6 per cent, "Fruit" by 5.2 per cent, "Coffee, tea and cocoa" by 5.1 per cent, "Food products not elsewhere classified" by 4.6 per cent and "Oil and fats" by 1.7 per cent.
The "Housing, water, electricity, gas and other fuels" group was among the main groups that slowed down the rise in consumer prices during the first eight months of 2013 compared with the same period of 2012. The group detracted 21.6 per cent from the overall growth in the CPI over the aforesaid period as the group's prices declined by 0.6 per cent.
Consumer prices in August 2013/2012 As SCAD's report reveals, consumer prices advanced 1.4 per cent on average in August 2013 compared with the August 2012, with the CPI at 125.0 points in August 2013, up from 123.3 points in August 2012. This increase reflects the net outcome of the increases and decreases in consumer prices between the two months under comparison.
The largest increases in August 2013 compared with August 2012 were observed in the "Alcoholic beverages and tobacco" (up 8.5 per cent), "Transport" (up 3.3 per cent), "Food and non-alcoholic beverages" (up 3.0 per cent) followed by "Furnishings, household equipment and routine household maintenance" (up 2.9 per cent). Over the same period, however, the "Housing, water, electricity, gas and other fuels" group edged down by 0.1 per cent. – Emirates News Agency, WAM

SUBIR | NOTICIAS MS RECIENTES (WAM)


MasterCard Index Consumer Confidence in the Emirates at all-time high


posted on 28/08/2013

MasterCard has revealed the results of the latest MasterCard Index of Consumer Confidence, which indicates that consumer sentiment in the UAE is at its highest ever, with a score of 94.7.
Consumers in the UAE are extremely optimistic about all five indicators measured in the Index. When compared to the previous edition of the survey released six months ago, consumers are more optimistic about the economy (96.8 vs. 94.6), employment (96.1 vs. 95.2), regular income (93.1 vs. 84.7) and the stock market (92.8 vs. 86.9). Consumers also remain very optimistic about quality of life (94.5 vs. 95.6), despite a slight decrease in its score when compared to the previous edition of the Index.
The latest findings indicate that female respondents are more optimistic than male respondents about the coming months (95.4 vs. 93.9), and that consumers over the age of 30 (95.4) are more optimistic than younger respondents (92.2).
"Over the past few years, the UAE has firmly positioned itself as an attractive global destination where business, leisure and cosmopolitan living merge. Confidence among UAE consumers has largely been upwards and today we are delighted to announce that it has reached an all-time high. Its visionary leadership and ambitious plans as well as promising growth in the key sectors of tourism, logistics and aviation, along with rising asset valuations have inspired confidence among the country's residents and we are equally positive in our outlook for the future," commented Eyad Al-Kourdi, UAE Country Manager of MasterCard.
Across the Middle East, the consumer confidence level remains very optimistic, with positive scores for all five indicators, despite slight declines when compared to the previous edition of the Index released six months ago. The Middle East's aggregate score of 78.5 remains higher than that of Asia/Pacific (63.3) and Africa (78.1), as was the case in the previous survey.
In the Middle East, Kuwait (96.8) overtakes Qatar (96.4) as the market with the highest level of consumer confidence, followed by the UAE (94.7), Saudi Arabia (93.3), Oman (87.1), Egypt (54.1) and Lebanon (26.9).
The MasterCard Consumer Confidence Index is based on a survey conducted between April and May 2013 on 12,205 respondents aged from 18 to 64 in 27 countries within Asia/Pacific, Middle East and Africa. This is the 41st survey of Consumer Confidence conducted since 1993. – Emirates News Agency, WAM

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SCAD issues report on food prices during fourth week of Ramadan


posted on 07/08/2013

Statistics Centre - Abu Dhabi issued its Fourth weekly report on food prices in the month of Ramadan noting the changes in food prices with preceding week and the same week in previous month.
The report data is instrumental to the monitoring of food prices by the government authorities, to ensure that there is sufficient supply of various good during Ramadan, as well as to exercise consumer protection. The index is compiled on the basis of a basket consisting of two main groups and 11 sub-groups.
SCAD's report indicates an increase of 4.4 percent in the prices of the basket food commodities during the Fourth week of the month of Ramadan compared with the first week of the previous month, reflecting rises in the prices of "Fruits" by 14.4 percent, vegetables by 16.7 percent, and "Fish and seafood" by 8.4 percent.
As for the changes in the expenditure groups detailed by region, the largest rise was observed in the "Fruits" group in Al Ain region, where the group advanced by 25.0 percent, compared with 12.2 percent in the Abu Dhabi region and 9.9 percent in Al Gharbia region. Prices of the "Vegetables" group recorded an overall rise of 16.7 percent. A breakdown of the increase by region reveals a rise in the group's prices by 16.9 percent in Abu Dhabi, 18.7 percent in Al Gharbia and Al Ain region.
SCAD's report indicates an increase of 0.4 percent in the prices of food commodities during the Fourth week of Ramadan compared with the preceding week, reflecting rises in the prices of "Fruit" by 1.1 percent, "Vegetables" by 1.0 percent, "Fish and Sea Food" by 4.5 percent.
A Breakdown by region shows increases in most of the basket food groups during the Fourth week of the month of Ramadan compared with the previous week. For instance, the price of "Fruit" advanced by an average of 1.1 percent for Abu Dhabi Emirate as a whole, the corresponding rises being 0.8 percent in Al Ain region and 1.1 percent in Abu Dhabi. Also the report shows the increase in ""Vegetables" the corresponding rises being 2.0 percent in Al Gharbia region and 1.5 percent in Al-Ain region.
The Centre added that the updated methodology of the daily food price index has already been approved; pointing out that it is consistent with relevant international recommendations and standards. The index basket consists of 214 items.
Price data are collected from sources selected on the basis of field visits paid by a team from the Field Operations Section, in collaboration with the Prices and Income Section. Sources were selected with care being taken to ensure that they are representative of a broad segment of consumers across the Emirate of Abu Dhabi during the month of Ramadan.
SCAD emphasized the importance of the consumer prices index (CPI) in the promotion of statistical awareness about consumption among the public, especially in the holy month of Ramadan and other periods where the index can reflect the movement of prices and rates of inflation, thus helping better planned spending. In addition, the index offers a baseline for government authorities concerned to monitor prices, ensure that there is sufficient supply of various goods, exercise consumer protection, learn about consumption patterns during the holy month thereby obtaining inputs for future planning in this regard. - Emirates News Agency, WAM

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Food prices up 4.0 per cent in 3rd week of Ramadan, reports Abu Dhabi's Statistics Centre


posted on 31/07/2013

Statistics Centre - Abu Dhabi (SCAD) has reported an increase of 4.0 per cent in the prices of the basket food commodities during the third week of the Holy Month of Ramadan, compared with the first week of the previous month, reflecting rises in the prices of "Fruits" by 13.1 per cent, vegetables by 15.6 per cent, and "Fish and seafood" by 3.7 per cent.
As for the changes in the expenditure groups detailed by region, the largest rise was observed in the "Fruits" group in Al Ain region, where the group advanced by 24.0 per cent, compared with 11.0 per cent in the Abu Dhabi region and 9.1 per cent in Al Gharbia region. Prices of the "Vegetables" group recorded an overall rise of 15.6 per cent, according to SCAD's third weekly report on food prices in the Holy Month of Ramadan.
A breakdown of the increase by region reveals a rise in the group's prices by 16.0 per cent in Abu Dhabi, 16.3 per cent in Al Gharbia and 17.0 per cent Al Ain region.
This issue of the report monitors changes in food prices during the Third week of Ramadan compared with prices levels in the preceding week and the same week in previous month.
The report data is instrumental to the monitoring of food prices by the government authorities, to ensure that there is sufficient supply of various good during Ramadan, as well as to exercise consumer protection. For the first time, the inflation rate it is detailed by region for higher accuracy.
The food price index methodology has been developed by a team of experts in conformity with relevant international standards. The index is compiled on the basis of a basket consisting of two main groups and 11 sub-groups.

-- Week over week comparisons: SCAD's report indicates an increase of 0.4 per cent in the prices of food commodities during the Third week of Ramadan compared with the preceding week, reflecting rises in the prices of "Fruit" by 1.5 per cent, "Vegetables" by 1.0 per cent, "Meet" by 0.2 per cent. "Fish and Sea Food" by 0.5 per cent.
A Breakdown by region shows increases in most of the basket food groups during the Third week of the month of Ramadan compared with the previous week. For instance, the price of "Fruit" advanced by an average of 1.5 per cent for Abu Dhabi Emirate as a whole, the corresponding rises being 1.0 per cent in Al Ain region and 1.5 per cent in Abu Dhabi. Also the report shows the increase in ""Vegetables" the corresponding rises being 2.2 per cent in Al-Ain region and 1.4 per cent in Al Gharbia region.
SCAD added that the updated methodology of the daily food price index has already been approved; pointing out that it is consistent with relevant international recommendations and standards. The index basket consists of 214 items.
Price data are collected by SCAD from sources selected on the basis of field visits paid by a team from the Field Operations Section, in collaboration with the Prices and Income Section. Sources were selected with care being taken to ensure that they are representative of a broad segment of consumers across the Emirate of Abu Dhabi during the month of Ramadan.
SCAD emphasised the importance of the consumer prices index (CPI) in the promotion of statistical awareness about consumption among the public, especially in the holy month of Ramadan and other periods where the index can reflect the movement of prices and rates of inflation, thus helping better planned spending. In addition, the index offers a baseline for government authorities concerned to monitor prices, ensure that there is sufficient supply of various goods, exercise consumer protection, learn about consumption patterns during the holy month thereby obtaining inputs for future planning in this regard. – Emirates News Agency, WAM
SUBIR | NOTICIAS MS RECIENTES (WAM)


Prices rise after inspections


posted on 25/07/2013

Year on year, hiking prices has become a regular trend during the holy month of Ramadan, with the prices of some products seeing a staggering 100 per cent mark up.
The normal trend would see the price-rise range between 15 and 40 per cent but the consensus among most consumers this year is that the hikes are much higher than previous years.
And the soaring prices come off the back of the already hiked prices of sugar, chicken, eggs and meat, as well as clothes, despite advertisements of discounts, which shoppers described as ‘fictitious'.
Despite the widely publicised country-wide inspection campaign by the Consumer Protection Department of the Ministry of Economy this Ramadan, consumers say traders are increasing the prices of commodities soon after the inspectors leave the premises.
"I bought a T-shirt from a shop for Dh190, and two weeks later when I visited the same shop to buy the same shirt for my friend, I was surprised to see that it was being sold at Dh195 after the advertised offer said its price was discounted by 35 per cent”, one consumer said, adding that the fictitious discounts were merely for publicity.
As a result, a growing number of consumers have appealed to the authorities to intervene to prevent these traders from exploiting shoppers during the holy month.
While the Consumer Protection Department at the ministry said its inspection campaigns are continuing and that prices of items have gone down, consumers said sale outlets jack up the prices as soon as the inspectors leave the premises.
While on a visit to the markets and after listening to the views of consumers and traders, it appeared that prices of meat in Dubai and Sharjah markets shot up over the last few days, and are 28 per cent more than what was advertised before Ramadan.
Prices of fruits and vegetables have also suddenly risen, though consumers hoped to see their prices falling in Ramadan with the traders responding to the warnings of the ministry against hiking prices.
Some fruits and vegetables were sold at more than double their actual price. However, some retailers rejected the accusation of being behind these increases, saying some were selling the same commodities at cheaper rates, causing them losses.
Poor surveillance blamed
A visitor to the market, Arshad Mohammed, said poor surveillance encouraged sale outlets to hike prices and they would do so as soon as the inspection was over. Aiysha Ibrahim called for imposing deterrent punishments on traders found to impose big hikes on the prices of items. She also appealed to the authorities not to announce the inspection schedule, because traders change prices ahead of inspection, only to increase them again once it is over.
Traders blame suppliers
Many traders washed their hands of the issue and blamed suppliers for increasing the prices as the supplier is the only person who controls the price of a product on a daily basis, while the small traders say the big loser is the retail trader.
Vegetables trader Mohammed Abdul Maguid attributed the price hike on vegetables to the increase in the prices of supply.
"Supply companies increased the prices significantly especially tomatoes, squash on the pretext that they would be affected by the high temperature when stored ”, he said.
"Increasing demand coupled with the soaring temperatures caused the prices of products to shoot up”, said Rajesh Beeki, a fruits and vegetables trader. He, however, expected the prices to return to previous rates within the next few days.
"I used to buy a seven kilogramme box of Jordanian squash at a price ranging from Dh40 to Dh50, but the supply price was Dh70 last week”, Rajesh said.
Price comparison
In Dubai and Sharjah markets, it appeared that the price of a local box of cucumbers, weighing 2kg, was being sold at Dh10 (on Wednesday) compared to Dh5 and Dh6 on Tuesday, when officials of the consumer protection department toured the market.
The price of a box of squash from Jordan rose in a range between Dh20 and Dh25, compared with Dh13 and Dh15 — a rise of 92 per cent.
The price of a 2kg box of the Iranian produced aubergine plant (eggplant) rose to Dh10 as compared with Dh6 and Dh7 — a rise of 66 per cent.
The price of a 2kg green pepper box, originating from Jordan, rose to Dh15 compared with Dh11 and Dh12 — a rise of 82 per cent.
The price of Jordanian tomatoes shot up from a price ranging between Dh2.5 and Dh3 per kg to Dh5 — a 100 per cent increase, while the Iranian lettuce rose from Dh4 per kg to Dh5 and Dh6.
Prices of paper plants ranged between Dh1.25 and Dh1.5 compared with Dh2 — a rise of 50 per cent.
Cost of supply
An executive at a company for the wholesale supply of fruits and vegetables said some hikes are due to the cost of supply in the country of origin, while many increases were due to the sale outlets imposing big additional profit rates exploiting the rise in demand during the holy month of Ramadan.
"Prices of tomatoes at Fujairah Fruits and Vegetable Market saw a remarkable increase on Tuesday, as one box of tomatoes was being sold at Dh44 compared with Dh15 – Dh20 before Ramadan”, he said.
That means it rose 120 per cent due to its increased price in its country of origin (Jordan)”, said Dr Hashim Al Nuaimi, Director of the Consumer Protection Department at the MoE.
Surprise inspections
"The ministry has embarked on a plan to import tomatoes from India and Iran”, Dr Nuaimi disclosed.
"The ministry will launch extensive and surprised campaigns to make sure the prices of vegetables are not increased, and will confront any violators or attempts to exploit consumers”, he warned.
He said the price of meat is noticeably stable with no complaint of price hikes, but there was a rise in the prices of some varieties of fish, even though all species on demand are available during this time of the year.
Many sale outlets and shops were issued tickets for flouting rules, when the department conducting tours to fruits and vegetable markets and butcheries in Abu Dhabi, Dubai and Sharjah.
Complaints lodged by consumers in the first week of Ramadan rose 37 per cent, and accounted for 55 complaints on a daily basis. The rise in the number of complaints is a sign of increasing awareness among the consumers and the violations of traders.
"Complaints focused on the increase of prices of some vegetables and paper plants without stating food stuff or other consumer items. Dr Nuaimi appealed to the consumers to keep in touch with the consumer complaints call centre by calling 6005222256, which receives reports and attend calls from 8am to 1am (after midnight). – Khaleej Times
SUBIR | NOTICIAS MS RECIENTES (WAM)


First half Y-o-Y inflation at 0.8 per cent in Abu Dhabi


posted on 24/07/2013

Consumer inflation was 0.9 per cent over the first half of 2013 compared with the same period in 2012. In June 2013 consumer price index (CPI) advanced 0.9 per cent y-o-y and 0.5 per cent m-o-m, according to Statistics centre-Abu Dhabi (SCAD).
SCAD held yesterday a press conference to announce a number of new statistical initiatives that are poised to play a significant role in supporting decision- and policy-makers in the emirate. Prominent among these is the newly launched CPI by region, which presents the CPI results for each of the three regions of Abu Dhabi Emirate, thereby providing a greater level of accuracy for price monitoring authorities, consumer protection purposes and all interested users.
During the conference the first issue of the report was reviewed, presenting analyses of the CPI results for the first half of 2013, with 2007 as the base year, detailed by geographic region (for the three regions of the Emirate, Abu Dhabi, Al Ain and Al Gharbia).
Over in the first half of 2013 consumer inflation in Abu Dhabi region was 0.8 per cent, compared with the same period of 2012, as shown by the increase in the CPI from 123.6 points during the first half of 2013, up from 122.6 points during the first six months of 2012.
The CPI increased by 0.8 per cent from 123.2 points in June 2012 to 124.2 points in June 2013.
Compared with May 2013, the CPI advanced 0.5 per cent in June 2013.
Y-o-y consumer inflation during the second quarter of 2013 was 0.6 per cent, as shown by the increase in the CPI to 123.7 points during the second quarter of 2013, up from 122.9 points during Q2 2012.
The second quarter of 2013 also saw the CPI edge up 0.1 per cent compared with Q1 2013.
As SCAD's report finds, average consumer prices rose by 0.5 per cent in June 2013 compared with May 2013. The rise reflects the net change in the consumer basket prices (resulting from upward and downward movement) during the two periods compared.
The major expenditure groups that saw increases in June 2013 were the "Food and non-alcoholic beverages" group (up 1.2 per cent) and the "Restaurants and hotels" group (up 2.3 per cent.
Compared with June 2012, consumer prices rose by 0.8 per cent on average in June 2013. The CPI rose from 123.2 points to 124.2 points between the aforesaid periods.
Price rises in June 2013 were led by the increases in "Alcoholic beverages and tobacco" group, which moved up by 7.5 per cent, "Furnishings, household equipment and routine household maintenance" group by 3.3 per cent, "Transport" group by 2.8 per cent, "Miscellaneous goods and services" by 2.7 per cent and "Hotel and restaurants" group by 2.4 per cent. Meanwhile, the "Housing, water, electricity, gas and other fuels" group edged down 0.1 per cent.
During the first half of 2013, the inflation rate in Al Ain region was 0.9, compared with the same period in 2012: the CPI crept to 123.5 points, up from 122.4 points over the first six months of 2012
The CPI increased 1.0 per cent from 122.9 points in June 2012 to 124.1 points in June 2013
SCAD also reported a 0.5 per cent increase in Al Ain CPI June 2013, compared with May 2013
Compared with the Q2 2012, consumer inflation hovered around 0.9 per cent in the second quarter of 2013, reflecting an increase in the CPI from 122.7 points during the second quarter of 2012 to 123.7 points during Q2 2013
The CPI increased by 0.3 in the second quarter of 2013 compared with the first quarter of 2012.
Average consumer prices rose 0.5 per cent in June 2013 compared with May 2013. The rise reflects the change in the consumer basket prices (resulting from upward and downward movement) during the two periods compared
Price rises in June 2013 were led by the increase in "Food and non-alcoholic beverages" group (up 1.4 per cent) and the "Clothing and footwear" group (up 1.0 per cent).
The average consumer prices rose 1.0 per cent in June 2013 by compared with June 2012 as the CPI rose from 122.9 points in June 2012 to 124.1 points in June 2013.
The main increases in June 2013 were observed in the "Alcoholic beverages and tobacco" group, which by 2.7 per cent, "Furnishings, household equipment and routine household maintenance" group by 5.6 per cent, "Clothing and footwear" group by 3.4 per cent and "Miscellaneous goods and services" by 2.2 per cent.
In Al Gharbia region consumer inflation was 0.9 per cent during the first half of 2013, compared with the first six months of 2012, as seen from the increase in the CPI from 121.8 points to 122.8 points between the two periods compared.
The consumer price index increased 0.9 per cent in June 2013, compared with June 2012, as the CPI increased from 122.5 points in June 2012 to 123.5 points in June 2013.
The CPI also advanced by 0.4 per cent in June 2013 compared with May 2013.
According to the report, consumer prices increased by 0.5 per cent in the second quarter of 2013 compared with the same period in 2012, reflecting and seen from the rise in the CPI from 122.6 points during Q2 2012 to 123.1 points during Q2 2013.
The CPI increased by 0.5 per cent in the second quarter of 2013 compared with the first quarter of 2013.
Average consumer prices rose by 0.4 per cent in June 2013 compared with May 2013. The rise reflects the change in the consumer basket prices (resulting from upward and downward movement) during the two periods compared.
The largest price rise in June 2013 was observed in the "Food and non-alcoholic beverages group, which advanced 1.1 per cent compared with the previous month.
Average consumer prices increased by 0.9 per cent in June 2013 compared with June 2012, as shown by the CPI rise from 122.5 points in June 2012 to 123.5 points in June 2013.
The largest increases y-o-y in June 2013 were observed in the "Food and non-alcoholic beverages" group (up 6.1percent), "Miscellaneous goods and services" (up 4.1 per cent) and "Restaurants and hotels" (up 3.6 per cent). Conversely, the "Clothing and footwear" group decreased by 11.6 per cent and the "Housing, water, electricity, gas and other fuels" group by 0.2 per cent y-o-y in June 2013. Emirates News Agency, WAM

SUBIR | NOTICIAS MS RECIENTES (WAM)


Food prices up 1.9% in first week of Ramadan, reports SCAD


posted on 23/07/2013

Food prices in Abu Dhabi increased by 1.9% during the first week of the month of Ramadan, compared with the first week of the previous month, reflecting rises in the prices of "fruits" by 5.9%, vegetables by 7.9% , "coffee, tea and cocoa" by 3.2% and "Fish and seafood" by 2.8%, according to the first weekly report by Statistics Centre - Abu Dhabi (SCAD) on food prices in Ramadan.
As for the changes in the expenditure groups detailed by region, the largest rise was observed in the "Fruits" group in Abu Dhabi region, where the group advanced by 5.6%, compared with 5.8% in the Al Gharbia region and 10.7% in Al Ain region. Prices of the "Vegetables" group recorded an overall rise of 7.9%. A breakdown of the increase by region reveals a rise in the group's prices by 7.5% in Abu Dhabi, 12.2% in Al Gharbia and 7.8% Al Ain region.
This issue of the report monitors changes in food prices during the first week of Ramadan compared with prices levels in the preceding week and the same week in previous month.
SCAD says the report data is instrumental to the monitoring of food prices by the government authorities, to ensure that there is sufficient supply of various good during Ramadan, as well as to exercise consumer protection. For the first time, the inflation rate it is detailed by region for higher accuracy.
The food price index methodology has been developed by a team of experts in conformity with relevant international standards. The index is compiled on the basis of a basket consisting of two main groups and 11 sub-groups.

-- Week over week comparisons.
SCAD's report indicates an increase of 0.6% in the prices of food commodities during the first week of Ramadan compared with the preceding week, reflecting rises in the prices of "Coffee, tea and cocoa" by 5.4%, "Fish and seafood" by 1.4%, vegetables by 1.3%, and "Fruits" by 1.2%.
A Breakdown by region shows increases in most of the basket food groups during the first week of the month of Ramadan compared with the previous week. For instance, the price of "Fish and seafood" advanced by an average of 1.4% for Abu Dhabi Emirate as a whole, the corresponding rises being 3.7% in Al Ain region and 0.5% in Abu Dhabi and Al Gharbia regions.
The Centre added that the updated methodology of the daily food price index has already been approved; pointing out that it is consistent with relevant international recommendations and standards. The index basket consists of 214 items.
Price data are collected from sources selected on the basis of field visits paid by a team from the Field Operations Section, in collaboration with the Prices and Income Section. Sources were selected with care being taken to ensure that they are representative of a broad segment of consumers across the Emirate of Abu Dhabi during the month of Ramadan.
SCAD emphasised the importance of the consumer prices index (CPI) in the promotion of statistical awareness about consumption among the public, especially in the holy month of Ramadan and other periods where the index can reflect the movement of prices and rates of inflation, thus helping better planned spending.
In addition, the index offers a baseline for government authorities concerned to monitor prices, ensure that there is sufficient supply of various goods, exercise consumer protection, learn about consumption patterns during the holy month thereby obtaining inputs for future planning in this regard. - Emirates News Agency, WAM

SUBIR | NOTICIAS MS RECIENTES (WAM)


Food prices up 1.9 per cent in first week of Ramadan, reports SCAD


posted on 20/07/2013

The prices of the basket food commodities increased by 1.9 per cent during the first week of the month of Ramadan compared with the first week of the previous month, according to a report issued today by Statistics Centre - Abu Dhabi (SCAD).
It added that the prices of fruits rose by 5.9 per cent, vegetables by 7.9 per cent, coffee, tea and cocoa by 3.2 per cent and fish and seafood by 2.8 per cent.
The report monitors changes in food prices during the first week of Ramadan, compared with prices levels in the preceding week and the same week in previous month.
It is instrumental to the monitoring of food prices by the government authorities, to ensure that there is sufficient supply of various goods during Ramadan, as well as to exercise consumer protection. For the first time, the inflation rate is detailed for higher accuracy.
The food price index methodology has been developed by a team of experts in conformity with relevant international standards. The index is compiled on the basis of a basket consisting of two main groups and 11 sub-groups.
As for the changes in the expenditure groups detailed by the Emirate, the largest rise was observed in the "Fruits" group in Abu Dhabi, where the group advanced by 5.6 per cent, compared with 5.8 per cent in the Al Gharbia Region and 10.7 per cent in Al Ain. Prices of the "Vegetables" group recorded an overall rise of 7.9 per cent. A breakdown of the increase by region reveals a rise in the group's prices by 7.5 per cent in Abu Dhabi, 12.2 per cent in Al Gharbia and 7.8 per cent Al Ain region.
SCAD's report indicates an increase of 0.6 per cent in the prices of food commodities during the first week of Ramadan compared with the preceding week, reflecting rises in the prices of "Coffee, tea and cocoa" by 5.4 per cent, "Fish and seafood" by 1.4 per cent, vegetables by 1.3 per cent, and "Fruits" by 1.2 per cent.
A Breakdown by region shows increases in most of the basket food groups during the first week of the month of Ramadan compared with the previous week. For instance, the price of "Fish and seafood" advanced by an average of 1.4 per cent for Abu Dhabi Emirate as a whole, the corresponding rises being 3.7 per cent in Al Ain region and 0.5 per cent in Abu Dhabi and Al Gharbia regions.
The Centre added that the updated methodology of the daily food price index has already been approved; pointing out that it is consistent with relevant international recommendations and standards. The index basket consists of 214 items.
Price data are collected from sources selected on the basis of field visits paid by a team from the Field Operations Section, in collaboration with the Prices and Income Section. Sources were selected with care being taken to ensure that they are representative of a broad segment of consumers across the Emirate of Abu Dhabi during the month of Ramadan.
SCAD emphasised the importance of the consumer prices index (CPI) in the promotion of statistical awareness about consumption among the public, especially in the holy month of Ramadan and other periods where the index can reflect the movement of prices and rates of inflation, thus helping better planned spending.
In addition, the index offers a baseline for government authorities concerned to monitor prices, ensure that there is sufficient supply of various goods, exercise consumer protection, learn about consumption patterns during the holy month thereby obtaining inputs for future planning in this regard. – Emirates News Agency, WAM

SUBIR | NOTICIAS MS RECIENTES (WAM)


DED introduces shopping website and app


posted on 18/07/2013

The Department of Economic Development (DED) in Dubai has launched a website and smart phone application to make daily shopping easier for consumers.
The website www.sallety.ae will enable consumers to browse through shelves of leading hypermarkets and stores in Dubai, compare brands and prices and make their purchase decisions from anywhere round the clock.
Sallety.ae is part of integrating advanced technology to enhance customer convenience and build on Dubai's reputation as a shopping destination. The smartphone application is available on iPhones and Android platforms. The website and app lists all major hypermarkets. – Khaleej Times

SUBIR | NOTICIAS MS RECIENTES (WAM)


Dubai's inflation up 0.66% in H1


posted on 16/07/2013

Inflation rate in the Emirate of Dubai rose to record 0.66%, in the first half of 2013 compared to the same period of 2012 due to an increase in the prices of goods and services, according to Dubai Statistics Centre.
DSC noted that the increase was led by price hikes in tobacco, education, furnishings, household equipment, routine household maintenance, food and non-alcoholic beverages, recreation and culture, transport, health and catering.
The rise was slightly offset by a decrease in costs of clothing and footwear, miscellaneous goods and services, communication, housing, water, electricity, gas, and other fuels.

SUBIR | NOTICIAS MS RECIENTES (WAM)