"Housing" and "Transport" lead the reduction in consumer prices in Dubai 2.75%

Dubai Statistics Center reported that the annual general index of consumer prices fell 2.75% last November compared to the same month in 2018.

The center said in a report issued today, that the prices of each of the housing, water, electricity, gas and fuel departments decreased by 5.51%, which reduced inflation by 2.33 points, the prices of the transportation department decreased by 7.28%, which reduced inflation by 0.83 points, and the tobacco section by 0.18%.

He added that, in contrast, the index increased for: the prices of the education department by 1.46%, which pushed inflation by 0.13 points, the restaurants and hotels section by 1.77%, which increased inflation by 0.08 points, the clothing and footwear section by 2.96%, which raised inflation by 0.06 points, and the section Food and beverages by 0.37%, which increased inflation by 0.05 points.

The entertainment and culture section increased by 1.88%, which pushed inflation by 0.04 points, the Furniture and Furnishing section, and household appliances and repairs by 0.59%, which increased inflation by 0.02 points, the Miscellaneous Goods and Services section by 0.29%, which pushed inflation by 0.02 points, and the Communications section by 0.23%, which raised inflation by 0.01 points, and the Department of Health by 0.16%.

In addition, the general monthly index of consumer prices decreased in November 2019 compared to the previous October by 0.22%, as a result of lower prices for each of: the Department of Housing, Water, Electricity, Gas and Fuel by 0.36%, which reduced inflation by 0.15 points, and the Transportation Department by 0.69%, which It reduced inflation by 0.07 points, the entertainment and culture section by 3.16%, which reduced inflation by 0.07 points, the miscellaneous goods and services section by 0.34%, which reduced inflation by 0.02 points, the tobacco section by 0.04%, the furniture and furnishing section, and household appliances and repair by 0.02%.

While the prices of: the food and beverage division increased by 0.49%, which pushed inflation by 0.06 points, the communications section increased by 0.33%, which pushed inflation by 0.02 points, the restaurants and hotels division increased by 0.09%, while the prices of: clothing and footwear division stabilized, The health department, and the education section at previous levels during the comparison period.