Tuesday 29 July 2014
 
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Consumer prices

Iran withdraws cheap dollars for most imports

Iran has stopped providing subsidised dollars for the import of most basic goods, Iranian media reported, a move that could push soaring consumer prices even higher in the run-up to a presidential election in June. The Iranian ria

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Dubai consumer prices steady in Nov

Housing and utility costs, which account for almost 44 percent of consumer expenses, fell 6.7 percent year-on-year and rose 0.1 percent month-on-month in November, according to figures released by Dubai Statistics Center. Food prices we

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Egypt balance of payments gap widens to $11bn

Egypt's balance of payments deficit widened to $11.3 billion in the financial year to June from $9.8 billion in the previous year, preliminary figures from the central bank showed on Monday. The country saw an exodus of foreig

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Kuwait inflation drops to two-year low in May

Kuwait's annual inflation rate eased to a 25-month low of 2.8 per cent in May and prices edged down slightly from the previous month, mainly because of cheaper food, state news agency Kuna reported on Wednesday. Inflation in the major oil

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Kuwait’s economy seen slowing to 6.6pc

Kuwait’s economic growth is expected to slow to 6.6 per cent in 2012 from 8.25 per cent last year, a report said. High oil revenues and prices have helped Kuwait generate large fiscal surpluses that have fed its growing public spending, Gu

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Dubai consumer prices plunge on property glut

A glut of property supply in Dubai contributed to the steepest fall in consumer prices since records began four years ago, as a housing bubble that burst in 2009 continued to be felt in the wider economy, data showed on Thursday.   

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Bahrain consumer prices at 9-month high

Consumer prices in Bahrain rose 1.3 per cent on an annual basis in November, the highest level since February, but fell 0.3 per cent from October due to a drop in food costs, data from the Central Informatics Organisation showed on Tuesday.

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Qatar inflation hits 20-month high in Aug

Qatar's annual inflation for August reached its highest level since at least January 2010, hitting 2.1 per cent year-on-year, data from the Gulf country's statistics authority showed on Wednesday. Consumer prices rose to 0.2 per ce

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UAE consumer prices fall in August

The UAE consumer prices in August fell 0.14 per cent month-on-month from July, according to data from the country's National Bureau of Statistics. Housing costs fell 0.74 per cent in August from July and was down 3.16 per cent from Aug

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Bahrain consumer prices fall 4th straight month

Consumer prices in Bahrain fell by 2.1 per cent year-on-year in June, the fourth consecutive month of falls, due to a sharp drop in transport costs and a slight decrease in food prices, data showed on Thursday. Consumer prices in kingdom h

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