EMIRATES CONSUMER PRICE INDEX REPORT FOR FEBRUARY 2017
March 2017
This Report has been Prepared and Printed according to the Statistical Data Dissemination Manual and Code of Practice for UAE Official Statistics
March 2017 All rights reserved.
In case of the quotation, please refer to the report as follow:
Federal Competitiveness and Statistics Authority, 2017. Emirates Consumer price Index Report for February 2017.
All correspondence should be directed to:
Federal Competitiveness and Statistics Authority Government Communication Department.
P.O. Box 127000 Dubai, United Arab Emirates.
Tel: (971) 4 6080000 Fax: (971) 4 3273535 E-Mail: [email protected]
Web site: http://www.fcsa.gov.ae
EMIRATES CONSUMER PRICE INDEX
February 2017
Table 1: PERCENTAGE CHANGE IN CONSUMER PRICE INDEX By DIVISION
(2014 = 100)
Division Weights
% Change
FEBRUARY 2017/
FEBRUARY 2016
FEBRUARY 2017/
JANUARY 2017
ALL ITEMS 100.0% 2.75 0.21
Food and soft drinks 14.3% 0.77 -0.21
Beverages and tobacco 0.3% 0.96 0.00
Textiles, clothing and
footwear 3.2% 1.64 0.00
Housing 34.1% 2.28 0.17
Furniture and household
goods 5.6% 2.18 0.04
Medical care 1.4% 5.73 0.00
Transportation 14.6% 7.55 0.34
Communications 5.4% -1.50 0.19
Recreation and culture 3.2% -4.24 -2.00
Education 7.7% 4.94 0.00
Restaurants and hotels 4.0% 1.24 0.00
Miscellaneous goods and
services 6.3% 12.17 2.65
Table 2: CONSUMER PRICE INDEX by DIVISION
(2014 = 100)
Division Weights February
2016
January 2017
February 2017
ALL ITEMS 100.0% 104.54 107.19 107.41
Food
and soft drinks 14.3% 100.86 101.85 101.64
Beverages and tobacco 0.3% 101.00 101.97 101.97
Textiles, clothing and footwear 3.2% 100.08 101.72 101.72
Housing 34.1% 111.78 114.14 114.34
Furniture and household goods 5.6% 102.17 104.35 104.39
Medical care 1.4% 100.34 106.09 106.09
Transportation 14.6% 93.75 100.49 100.83
Communications 5.4% 100.08 98.39 98.58
Recreation and culture 3.2% 100.16 97.87 95.91
Education 7.7% 106.10 111.34 111.34
Restaurants and hotels 4.0% 103.79 105.07 105.07
Miscellaneous goods and services 6.3% 102.05 111.53 114.48
Table 3: PERCENTAGE CHANGE IN CONSUMER PRICE INDEX BY EMIRATE
(2014 = 100)
Emirate
% Change February 2017/
February 2016 February 2017/
January 2017
UAE 2.75 0.21
ABU DHABI 2.10 0.11
DUBAI 4.20 0.42
SHARJAH 2.42 0.15
AJMAN 2.79 0.01
UMM AL QUWAIN 1.99 0.13
RAS AL KHAIMAH 2.63 0.15
FUJAIREH 3.43 0.27
ANNEX
TECHNICAL NOTES Concept and Definition
The Consumer Price Index (CPI) measures the average price changes in a fixed basket of consumption goods and services commonly purchased by the National and non-National households over time. It is commonly used as a measure of consumer price inflation.
The weighting pattern for the 2014 -based CPI was derived from the expenditure values collected in the Household Expenditure Survey (HES), which was conducted, from June 2014 to May 2015.
Scope and Coverage
The CPI covers only consumption expenditure incurred by resident households. It excludes non-consumption expenditures such as loan repayments, income taxes, purchases of houses, shares, and other financial assets etc.
A total of 1200 brands/varieties are included in the 2014-based CPI basket and they are classified into twelve main divisions based largely on the Classification of Individual Consumption According to Purpose (COICOP). The total number of outlets selected for pricing is about 500.
Measurement of Changes in the Consumer Price Index
The CPI is compiled on a monthly basis. For longer periods, the CPI is derived by averaging the monthly indices. For example, the yearly CPI is derived by taking a simple average of the 12 months indices for the year.
To compute month-on-month change, the difference between the CPI for the specific month and that for the preceding month expressed in percentage term is used. This measures the change in average prices between the two months and serves as a useful short- term indicator of price movement.
To measure the year-on-year change, the CPI for the specific month is compared with that for the same month of preceding year.
Likewise, the annual inflation rate for a specific year is computed by
comparing the average for the 12 monthly indices with that for the preceding year.
