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Dubai's CPI down 3% YoY in April

Dubai's CPI down 3% YoY in April
Dubai's CPI inched up 0.17% in April

UAE - Mubasher: Dubai's Consumer Price Index (CPI) declined by 2.64% year-on-year (YoY) in April 2021, according to the latest data by the Dubai Statistics Centre (DSC).

The prices of the housing, water, electricity, gas, and other fuels, food and beverages, and tobacco segments decreased by 8.42%, 4.76%, and 0.55%, respectively.

Meanwhile, Dubai reported an increase in the prices of transport by 12.86%, clothing and footwear by 2.9%, and restaurants and hotels by 0.82%.

On an monthly basis, the emirate's CPI inched up 0.17% in April, driven by higher prices of transport by 2.43% and clothing and footwear by 5.61%.