gulfnews : Abu Dhabi prices at two-year low

The annual rate of inflation in Abu Dhabi emirate fell to a two-year low of 1.9 per cent in 2011 from 3.1 per cent the previous year, Statistics Centre Abu Dhabi (SCAD) said yesterday.
"The main group that slowed down the rise in consumer prices during 2011 compared with 2010 was clothing and footwear, which contributed a negative 67.4 per cent of the overall change in the consumer price index (CPI).
"The average prices of this group decreased by 13.8 per cent," SCAD said in a statement.It added: "During 2011, consumer prices for national households increased by 1.9 per cent, and by 1.6 per cent for non-national households and 3.4 per cent for collective households."

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