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FINANCIAL NEWS
Dubai inflation rate falls 0.22 percent in Feb 2016
16 Mar 2016
(MENAFN) Dubai consumer price dropped in Feb this year to 0.22 percent compared to Jan 2016, which is related to a 2.79 percent drop in prices of transportation.
Furthermore, the prices of restaurants and hotels fell down 0.01 percent and of furniture; furnishings and household items decreased 0.09 percent.
On the other hand, miscellaneous goods and services prices increased 0.46 percent and housing, water, elect, gas and fuel prices grew 0.23 percent.
The annual inflation rate increased by 1.43 percent in Feb 2016 compared to Feb 2015, while the rise in education fees recorded an increase of 4.83 percent.
More News
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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