The consumer price index in the UAE recorded a quarterly increase on an annual scale, reaching inflation to 3.56 percent, as the consumer price index in the first quarter of 2023 reached about 105.73 points, compared to 102.09 points in the same period of 2022.
According to the Federal Competitiveness and Statistics Center, inflation recorded a quarterly increase as a result of the increase in the prices of 12 services and a major expenditure group, the highest of which was in recreational and cultural services at 13.48 percent, while the price of the tobacco spending group fell by 4.18 percent.
Source (Al-Khaleej Emirati Newspaper, Edited)
