Friday, May 09 - 2008

Prices stabilise in UAE

United Arab Emirates: Wednesday, March 19 - 2008 at 08:03

The latest consumer price index released by the UAE Ministry of Economy has shown stability in prices of many basic items, reported Gulf News. Earlier this month, the ministry set a ceiling on the maximum price retailers could charge for some food prices. Also this month, the ministry signed an MOU with Union Cooperative Society (UCS), by which the 2007 prices of some basic food products such as oil, rice, flour, eggs, sugar, powdered milk, tea, meat, chicken, fish and bread would be kept unchanged throughout 2008.

Jeff  Florian Jeff Florian, Senior Reporter
Wednesday, March 19 - 2008 at 08:03 UAE local time (GMT+4)

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