FINANCIAL NEWS

Inflation rate in UAE grows by 2.3pct in Jan

27 Feb 2017

(MENAFN) The cost of living in Dubai and the rest of the emirates increased this year, with the whole inflation growing by 2.3 percent in Jan compared to 2016.

Accordingly, the cost of medical care, education and transportation, aside from miscellaneous goods and services, recorded the biggest increase.

Moreover, health-care inflation increased by 5.7 percent, whereas education and transportation costs registered an increase of 5 percent and 4.4 percent, respectively.

Amid the emirates, Dubai posted the biggest increase in consumer prices, with its inflation reaching 3.7 percent, trailed by Fujairah at 2.9 percent.

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MENAFN2702201700450000ID1095272150

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