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World food prices dip to four-year low: UNWorld food prices fell to their lowest since August 2010 in September as prices of all major food groups except meat dropped, led by a sharp decline in dairy prices, the UN's food agency said on Thursday. The Food and Agricult More… |
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UAE residential property prices edge up in MayResidential property prices in Dubai housing market increased 2.01 per cent in May, while those in Abu Dhabi rose 1.28 per cent, marking year-on-year increases of 16.1 per cent and 6.2 per cent, respectively, said a report. The Du More… |
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Key US consumer data raises deflation fearsUnderlying US inflation pressures were muted in August, keeping deflation fears alive, even though a rise in food and energy costs drove overall consumer prices higher. The core consumer price index (CPI) was flat last month, the Labour De More… |
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Global housing market still ‘shaky’The recovery in global housing markets is still shaky with a number of locations seeing steep growth and others registering price falls during the final three months of 2009, said an expert. “There remains a very clear polarisation between More… |
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Abu Dhabi eyes construction price indexAbu Dhabi plans to launch an index tracking building material prices to limit price manipulation amid soaring construction costs, the Gulf emirate's economic development said on Saturday. The price index will include 22 items, comprising 9 More… |
