Tuesday 18 June 2013
 
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inflation

Dubai inflation edges up in May

Dubai inflation edged up to one per cent year-on-year in May as the food prices rose along with housing and utility costs compared to last month, said a report. The housing and utility costs, which account for almost 44 per cent o

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Egypt's inflation inches up to 8.2pc

Egyptian urban consumer inflation edged up to 8.2 per cent in the year to May, the state statistics agency Capmas said on Monday, pushed up by food prices and a weaker currency.  

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Inflation a risk for strong Saudi economy: IMF

  Saudi Arabia faces a possible inflation risk due to buoyant growth that may warrant policy action to prevent the economy from over-heating, the International Monetary Fund said.

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UAE April inflation eases to 0.9pc y/y

The consumer prices in the UAE slowed to 0.9 per cent year-on-year compared to the previous month, the data from the National Bureau of Statistics showed. The housing and utility costs, which account for over 39 per cent of consum

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Abu Dhabi April inflation slows to 0.6pc

  Abu Dhabi's annual inflation in April slowed to 0.6 per cent compared to the previous month, according to data released by Abu Dhabi Statistics Centre.  

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Dubai inflation low in April despite rent hike

Dubai's inflation remained muted in April compared to the previous month despite a jump in rents, data showed on Wednesday. Consumer price growth in Dubai, one of seven United Arab Emirates, started picking up in 2013 after a

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Saudi inflation to rise on food costs

Saudi Arabia's inflation rate in April may edge slightly higher and continue on an upward trajectory during the second quarter as the food and beverage category represent a weight of 21.7 per cent in the inflation index, said leading Saudi l

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IMF trims sub-Saharan Africa growth outlook

The IMF on Tuesday trimmed its growth outlook for sub-Saharan Africa to 5.4 percent in 2013 and 5.7 percent in 2014 but said economic activity was being supported by rising investment and booming extractive industries. The Interna

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Kuwait inflation slows to 1.6pc in March

  Kuwait's inflation slowed to a 1.6 per cent year-on-year (y/y) in March, down from 2.1 per cent last month mainly due to a sharp drop in food prices, said a report.  

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Saudi’s inflation pressures in Q2 ‘limited’

Inflationary pressures in Saudi Arabia are set to rise in the second quarter of this year but the price increase should be limited, the Opec member's central bank said in a report. "Given the (available) indicators ... we

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