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Abu Dhabi inflation down to 1% in February
- United Arab Emirates: Sunday, March 17 - 2013 at 07:24
According to data by Abu Dhabi Statistics Centre, the emirate's inflation eased to 1% year-on-year in February, due to a drop in the housing and utility costs, compared with the previous month, Reuters has reported. The "restaurants and hotels" and "alcoholic beverages and tobacco" groups rose 11.7% each year-on-year, while "clothing and footwear" climbed 3%, the report said. However, the housing, water, electricity, gas and other fuels registered a 1.1% drop, it added.
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