Abu Dhabi inflation rises to 2.4% in Nov
The Abu Dhabi Statistics Centre released the following November consumer price data for the Gulf Arab emirate. Abu Dhabi’s consumer prices rose by 2.4 per cent in the first eight months of 2016. The consumer price index (CPI) for August was 0.5 per cent, year on year, and prices fell 0.7 per cent from July’s prices. Emirati households experienced lower inflation, 2 percent, during the first eight months than expatriate households, for whom the figure was 2.7 percent. Shared households saw a 3 percent increase in inflation. Households in the lowest income level saw prices increase of 2.6 per cent, while middle and high income households saw 2.5 per cent and 2.2 per cent respectively.