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FINANCIAL NEWS
Dubai inflation rate falls to 2.1pct
16 Aug 2016
(MENAFN) Inflation rate in Dubai declined to reach 2.1 percent on lower food prices, whereas housing and utility costs accounted for almost 44pct of the consumer basket.
Meanwhile, consumer price index showed an increase in the prices of goods and services amid the consumer basket rose by 0.33 percent in July this year.
Additionally, transport group prices rose by 0.40 percent, while the goods and services prices in a range of goods and miscellaneous services grew by 0.22pct.
On the other hand, housing, water, electricity and fuel group viewed an increase of 0.18 percent, the highest range in terms of the relative importance of the group.
More News
17 Sep 2025
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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