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FINANCIAL NEWS
UAE consumer prices up 0.68% in March
25 Apr 2010
(MENAFN) UAE’s central bank said that the country’s consumer prices grew 0.68 percent year-on-year in March, following three consecutive months of declines, Reuters reported.
UAE’s Consumer Price Index (CPI) edged up to 114.13 points in March, compared to 113.36 points in March a year earlier.
The key housing and energy component grew 0.5 percent in March compared to March 2009. The education component in the index marked the biggest year-on-year growth, jumping 10.46 percent compared to 2009.
Data also showed that consumer prices grew 0.87 percent in the first quarter of the year, compared to the corresponding period last year.
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