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FINANCIAL NEWS
Abu Dhabi’s Jan-Sep inflation grows 2.2%
16 Oct 2011
(MENAFN) The Statistics Centre Abu Dhabi (Scad) said that in 2011’s first nine months, the emirate’s inflation went up 2.2 percent over the previous year’s same period, reported Emirates 24/7.
The centre added that average consumer prices from September 2010 to last month grew by 1 percent, whereas they rose by 0.4 percent from August 2011 to September 2011.
It also said that consumer prices for national households went up by 2.2 percent in the January- September period, whereas consumer prices for non-national households increased 1.9 percent and those for collective households grew 3.8 percent.
It is worth noting that as a result of higher prices of most of the subgroups included in the food and non-alcoholic beverages group, the group represented 61.8 percent of the increase in the Consumer Price Index (CPI).
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