Middle East News 247

UAE consumer prices dip 2.36% year-on-year

UAE consumer prices fell during June 2019 through to June 2020, pushing the Consumer Price Index (CPI) down by 2.36 percent, suggesting a steady decrease in prices of goods and services.

Figures released by the Federal Competitiveness and Statistics Authority suggested that the group with the largest annual decrease was recreation and culture with 18.66 per cent. In the meantime, the group with the largest annual increase over this period was…

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