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Abu Dhabi’s inflation rate grows by 2.4pct

21 Sep 2016

(MENAFN) Abu Dhabi’s consumer prices rose by 2.4 percent in the Jan-August period of this year.Furthermore, the consumer price index for August was 0.5 percent, year on year and prices declined to 0.7 percent from July’s prices.However, Emirati households witnessed lower inflation by 2 percent during the same period than expatriate households.Meanwhile, the housing, power, water and fuel budget group reached the biggest rise at 6.6 percent.

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