The average household spends nearly 40 per cent of its income on housing and utilities and 14 per cent on food and drink, a new Ministry of Economy survey has revealed.
The results of the first nationwide expenditure and income survey were released yesterday, compiling data from 15,000 families from the second quarter of 2007 to the end of the first quarter of 2008.
Sultan bin Saeed al Mansouri, the Minister of Economy, said in a statement that the figures would help the UAE meet statistical requirements of international organisations such as the World Bank.
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