• HSBC

Dubai inflation at 5.4%

  • United Arab Emirates: Sunday, July 05 - 2009 at 10:33

Arif Obaid Al Muhairi, head of Dubai Statistics Centre has said the emirate's inflation rate had slowed to 5.4% in the first five months of this year, compared to 8.7% in the same period last year earlier. Rental prices for residential units had risen 3.2% in January to May this year, compared to a 5.4% increase in the same period last year, he said.

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