Abu Dhabi inflation rises marginally by 0.7%

Consumer goods in Abu Dhabi are likely to cost more by a marginal 0.7 per cent in the January-March quarter, compared with the fourth quarter of 2014.

?CPI (consumer price inflation) estimates for the first quarter of 2015 shows that the average CPI is expected to be 131.7 points, an increase of 0.7 per cent compared with the fourth quarter of 2014,? the Statistics Centre of Abu Dhabi said.

The ?housing, water, electricity, gas and other fuels? group contributed to the largest rise in the index during the year, contributing 46.1 per cent to the change. The second highest contributor to the overall increase in the CPI for 2014 was ?furnishings, household equipment and routine household maintenance? group.

 

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