UAE - Mubasher: The UAE's Consumer Price Index (CPI) declined by 2.01% to record 105.69 points in February 2021, compared to 107.86 points in the same month of 2020.
Lower inflation is driven by a decrease in the prices of some segments, including recreation and culture with 18.64% and housing, water, electricity, and gas with 3.37%.
Meanwhile, the prices of the furniture and household goods and transportation segments lowered by 2.23% and 3.22%, respectively.
On a monthly basis, the UAE's CPI decreased by 0.41% in February, compared to 106.13 points in January, according to the latest statistics by the Federal Competitiveness and Statistics Authority (FCSA).