Inflation Rate in the Emirate of Dubai rise to record 0.16%, in the First Quarter of 2013 compared to the same period of 2012. This is due to an increasein the prices of goods and services as follows Alcoholic Beverages and Tobacco group by 16.78%, Education group by 4.90%, Furnishings, Household Equipment and Routine Household Maintenance group by 3.52%, Food and Non-Alcoholic Beverages group by 2.20%, Recreation and Culture group by 1.58%, Health group by 1.28%, Restaurants and Hotels group by 1.19% and Transport group increased by 0.89%. While the prices of other groups deflates as follows: Clothing and Footwear group decreased by 3.45%, followed byMiscellaneous Goods and Services group by 1.57%, then Housing, Water, Electricity, Gas, and other Fuels group by 1.19% and Communication group decreased by 1.00%.
Inflation rate in major expenditure groups:
Food and Non-Alcoholic Beverages
Inflation rate ofFood and Non-Alcoholic Beverages Group increased by 2.20%, As a result ofan increase in the prices of Vegetablesby 10.31%,followed by the prices ofFruits by 8.35% and prices of Food products n.e.c. by 6.03%.
Alcoholic Beverages and Tobacco
Inflation rate of Alcoholic Beverages and Tobacco group increased by 16.78%, due to an increase in the prices of Tobaccoby22.88%.
Clothing and Footwear
The prices of Clothing and Footwear group dropped to3.45%. As a result of a drop in the prices of Garments by 5.55%.
Housing, Water, Electricity, Gas, and other Fuels
Prices of Housing, Water, Electricity, Gas, and other Fuel group dropped to1.19%. As the prices of Rents declined by 1.76%,followed by the prices of Solid Fuels by0.14%
Furnishings, Household Equipment and Routine Household Maintenance
Inflation rate of Furnishings, Household Equipment and Routine Household Maintenance group increased to3.52%. Due to high increase in the prices ofDomestic Services and Household Servicesby 11.37%,followed by an increase in the prices ofSmall Electric Household Appliances by 4.87%and 4.49% for Glassware, Tableware and Household Utensils.
Health
Inflation rate of Health group reached 1.28%, due to the rise inTherapeutic appliances and equipment prices by14.50%,followed by an increase in the pricesofother medical productsby 6.54% and the prices ofParamedical services increased by 2.10%.
Transport
Inflation rate of Transport group reached 0.89%, with the highest increase in the prices of Spare parts and accessories for personal transport equipment by 4.55%. In addition to that, prices of Motor cycles and prices ofpurchasing vehiclesincreased by 3.85% and 1.75% respectively.
Communication
Communication group prices declined to 1.00%.Due to the decrease in the prices of Wireless and Wired Equipment by 7.50%,followed by a drop in the prices ofWireless and Wired Services by 0.90%.
Recreation and Culture
Inflation rate of Recreation and Culture group amounted to 1.58%. Due to an increase in the prices of Recreational and Sporting Servicesby 23.75%, followed by the prices of Stationery and Drawing Mate by 5.10% then the prices ofBooksby 2.45%.
Education
Inflation rate of Education group has increased by 4.90%, due to anincrease in Post-secondary non-tertiary educationfees by 5.80%, followed by Pre-primary and primary education fees by 5.09% and Secondary education feesby 4.27%.
Restaurants and Hotels
Inflation rate of Restaurants and Hotels group reached to 1.19%, due to high increase in the prices of Hotels Accommodation Services by 11.15% and Restaurants, Cafésand the like by 1.16%.
Miscellaneous Goods and Services
Inflation rate of Miscellaneous Goods and Services group declined to1.57%. As a result of the decrease in the prices of Transport Insurance by 5.55%, followed by Jewellery, Clocks and Watches pricesby 3.69% and the prices of Personal care Services declinedto3.16%.
