Dubai – Mubasher: Inflation rate for Consumer Price Index (CPI) in Dubai declined 1.8% month-on-month in March on the back of the decline in the prices of residences and fuel, according to a report released by the Dubai Statistics Centre (DSC).
Prices of Housing, water, electricity, gas, and other fuels shed 1.5% in March, while the prices of food and non-alcoholic beverages surged 5.4%.
Moreover, the prices of the transportation and the telecommunication groups soared 6.6% and 5.6%, respectively, in the third month of the year, the DSC’s data showed.
