Inflation rate for CPI in Dubai up 0.45% in July

The monthly inflation rate for Consumer Price Index (CPI) in the Emirate of Dubai rose 0.45% in July compared to June driven by price increases in major groups of expenditure, according to Dubai Statistics Centre (DSC).

In its monthly report, the DSC said the rise in the CPI was caused by increases in prices of Food and Non-Alcoholic Beverages at 2.62%, Housing, Water, Electricity, Gas, and other Fuels 0.42%, Alcoholic Beverages and Tobacco 0.24%, Restaurants and Hotels 0.05%.

The report also noted the drop in prices of the group of Miscellaneous goods and services 0.56%, Furnishings, Household Equipment and Routine Maintenance 0.21%, Transport 0.08%, Communications 0.04%, and Health 0.01%.

Prices of other groups, the report added, remained stable.