Dubai inflation rises close to 5% in February on higher F&B prices 

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Tue, 2023-03-21 13:31

RIYADH: In line with the global trend, Dubai saw its annual inflation rate rising to 4.9 percent in February driven by an increase in food and beverages costs, the latest data from the emirate’s Statistics Center showed.   

This comes as Dubai’s Consumer Price Index rallied by 0.32 percent in February from 4.58 in January.  

According to the report, food and beverage prices increased by 6.29 percent in February, while the prices of housing, water, electricity, gas and other fuels surged by 4.87 percent.  

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