Abu Dhabi October inflation at 4%, highest since November 2010
Abu Dhabi - Arab Today
The Abu Dhabi Statistics Centre (Scad) released the following October consumer price data for the capital on Sunday.
The inflation rate in the capital's consumer prices for the first ten months of 2014 was 3.1 per cent, compared with the same period of 2013, as shown by the increase in the CPI (consumer price index) to 128.1 points during the first ten months of 2014, up from 124.2 points during the same period of 2013.
Housing and utility costs, which account for almost 38 per cent of consumer expenses, jumped 5.4 per cent year-on-year in October. And prices of food and non-alcoholic beverages, which account for 16 per cent of the basket, increased 4 per cent on an annual basis.
Source: Gulf News