Dubai's inflation rose in June by 2.23 percent on an annual basis

Inflation continues to rise in Kuwait, Oman and the UAE

Central Statistical Office data showed Kuwait's consumer prices rose in June at a rate of 3.1 percent on an annual basis, compared to 2.78 percent during May (last May), and increased food and beverage prices, which constitute more than 18 per cent of the price basket, by 1.2 per cent from a year ago, it jumped housing costs, which account for about 29 per cent of consumer spending, rose 7.3 per cent.
Inflation - issued by the National Center for Statistics and Information in Oman data also showed on Monday - consumer prices rose in June to its highest level since May 2014, where consumer price inflation of 1.5 per cent reached annually, compared to 1.1 per cent in the same month last year.
He attributed the center rise in the level of inflation to raise most of the major groups prices, notably housing group, water, electricity, gas and other fuels B0.89 percent, transport rose 8.78 percent, and furniture and furnishings, household equipment and household maintenance by 0.1 percent, and increased transportation costs 4 percent from the previous month after Oman raised gasoline and diesel in the domestic prices of June, and stabilized the prices of houses and facilities, while food and beverage costs rose 0.8 per cent.
The inflation data in Abu Dhabi have shown high inflation in consumer prices during the first six months of 2016. The 2.7 per cent compared with the same period in 2015. The rate of inflation in consumer prices rose to 0.3 percent in the second quarter, compared to the first quarter from 2016, while the index of consumer prices rose by 0.6 percent during the month of June 2016, compared to the index for the month of May 2016.
In Dubai, inflation levels rose during the month of June increased by 2.23 percent on an annual basis; due to the increase in tuition fees; resulting in a higher education group index increased by 6.74 per cent and group housing prices rose, water, electricity, gas and fuel, was up 3.69 percent, according to a report of the Dubai Statistics Center.
And settled index of consumer prices for the month of June in Qatar, and reached 107.6 points, registering a stable, compared to May, an increase of 2.5 percent for the month of June 2015. He said a press release of the Ministry of Development Planning and country statistics, comparing the key components to the record for the month of June with a month the former, it is clear that there is a rise in the three groups, and the decrease in the other four groups, with the figure in the stability of the rest of the groups.