Food, drinks prices drive Abu Dhabi inflation
Please click to enlarge the image.
Food and drink products drove Abu Dhabi's inflation rate in the first five months of 2012
The average year-on-year rise in consumer prices in Abu Dhabi for the first five months of 2012 was 1.2 percent, according to a new report.
The Statistics Centre of Abu Dhabi said food and non-alcohol drinks drove the increase in prices up to June.
The highest price increases were in the meat subgroup which advanced by 11.2 percent, followed by fish and seafood, coffee, tea and cocoa, oils and fats and bread and cereals, SCAD's report cited by news agency WAM showed.
On a montly basis, average consumer prices advanced 1.7 percent in May compared to May 2011.
The largest individual increase was recorded in the restaurants and hotels group which rose by 38.9 percent, followed by alcoholic drinks and tobacco and food and non-alcoholic beverages.
Housing, water, electricity, gas and other fuels was again the main negative on the inflation rate with the group retreating 1.3 percent year-on-year.
Previous story:
RSS Feed
