Dubai inflation flat in August, housing deflation accelerates | ZAWYA MENA Edition:
The Dubai Statistics Center released the following August consumer price data for the Gulf Arab emirate.
DUBAI CONSUMER INFLATION 18-Aug 18-Jul 17-Aug pct change month/month 0.2 -0.1 0.2 change year/year 2.2 2.2 0.8
NOTE - Housing and utility costs fell 3.6 percent from a year earlier in August, after a 3.2 percent drop in July and a 2.6 percent decline in June.
Food and beverage prices climbed 3.3 percent while transport price inflation rose to 18.5 percent, partly because of higher petrol prices compared to a year ago.
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