United Arab Emirates inflation rate in October rose to 3.1 per cent, compared to September’s level, according to UAE National Bureau of Statistics.
The consumer price index (CPI), which measures changes in the price level of a market basket of consumer goods and services purchased by households, rose to 122.47 points in October 2014 compared to 118.77 points in the same month last year.
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Inflation Rate in 2014
|
|
Month Inflation 2014 (%) |
|
January 1.5% |
|
February 1.8% |
|
March 1.9% |
|
April 2.1% |
|
May 2.5 % |
|
June 2.2% |
|
July 2.3% |
|
August 2.4% |
|
September 2.9% |
|
October 3.1% |
The prices of all major groups within the basket have increased in October 2014 compared to the same month last year.
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Change in Cost of Living Index (October 2013/ 2104)
|
|
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Change (%) |
Main Groups
|
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+3.72 % |
Food & Non-alcoholic drinks |
|
+3.69% |
Tobacco & Alcoholic drinks |
|
+0.43% |
Apparel & Footwear |
|
+4.17 % |
Housing & Utilities |
|
+4.57 % |
Home Furniture & Maintenance |
|
+0.86 % |
Healthcare |
|
+1.50 % |
Transportation |
|
+0.78% |
Telecommunication |
|
+0.69 % |
Entertainment & Culture |
|
+4.01 % |
Education |
|
+1.29 % |
Hotels & Restaurants |
|
+4.60% |
Goods & Different Services |
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