As a result of the decline in prices of 5 commodity groups issued by "housing"

The annual price index in Dubai decreased by 4.32% during December

The housing, water, electricity, gas and fuel division prices decreased by 8.33%.

Photography: Patrick Castillo

The general annual index of consumer prices in Dubai decreased by 4.32% last December, compared to the same month of 2019, as a result of a decrease in five commodity groups.

The Dubai Statistics Center stated, in a report yesterday, that this decline came as a result of the decrease in the prices of the housing, water, electricity, gas and fuel section by 8.33%, which reduced the index by 3.40 points, in addition to the decrease in the prices of the transport section by 6.98%, which reduced the index by 0.78 points, in addition to The decrease in the prices of the entertainment and culture section by 13.79%, which decreased the index by 0.29 points, in addition to the decrease in the prices of the clothing and footwear section by 2.28%, which decreased the index by 0.05 points, and the communications section by 0.01%.

On the other hand, the report showed that the prices of the food and beverage section rose by 0.48%, which pushed the index by 0.06 points, in addition to the increase in the prices of the education section by 0.55%, which pushed the index by 0.05 points, and the prices of the miscellaneous goods and services section increased by 0.66%, which It pushed the index by 0.04 points.

The prices of the restaurants and hotels section increased by 0.71%, which pushed the index by 0.03 points, the tobacco section by 0.13%, the furniture and furnishing section, household appliances and repairs by 0.12%, and the health department by 0.08%.

In addition, the general monthly consumer price index decreased in December 2020 compared to November 2020 by 0.38%, as a result of the decrease in the prices of each of: housing, water, electricity, gas and fuel by 1.39%, which reduced the index by 0.55 points, and the food and beverage section by 1.39%. 0.37%, which reduced the index by 0.05 points, and the entertainment and culture division by 0.24%.

While the prices of each of the following increased by 1.65%, which pushed the index by 0.17 points, the miscellaneous goods and services division by 0.70%, which pushed the index by 0.04 points, the restaurants and hotels division by 0.06%, and the furniture and furnishing division, household appliances and repairing by 0.03%. And the communications section by 0.03%, while the prices of the tobacco section, the clothing and footwear section, the health department, and the education department were stable at their previous levels during the comparison period.

• The prices of the transportation section decreased by 6.98% ... while the prices of the food and beverage section rose 0.48%.

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