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EMIRATES CONSUMER PRICE INDEX REPORT FOR JUNE, 2016
JULY 2016
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July 2016
All rights reserved.
In case of the quotation, please refer to the report as follow:
Federal Competitiveness and Statistics Authority, 2016. Emirates Consumer price Index Report for JUNE,2016. Dubai-United Arab Emirates.
All correspondence should be directed to:
Government Communication Department.
P.O. Box 127000 Dubai, United Arab Emirates.
Tel: (971) 4 3191333 Fax: (971) 4 3273535 E-Mail: [email protected] Web-site: http://www.fcsa.gov.ae
This Report has been Prepared and Printed according to the Statistical Data Dissemination Manual and Code of Practice for
UAE Official Statistics
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EMIRATES CONSUMER PRICE INDEX JUNE 2016
Table 1: PERCENTAGE CHANGE IN CONSUMER PRICE INDEX By DIVISION
(2007 = 100)
Division Weights
% Change JUNE 2016/
JUNE2015
JUNE 2016/
MAY 2016
ALL ITEMS 100.0 1.76 0.46
Food and soft drinks 13.9 0.97 1.07
Beverages and tobacco 0.2 0.11 0.00
Textiles, clothing and footwear 7.6 5.07 0.29
Housing 39.3 2.78 0.12
Furniture and household goods 4.2 0.20 0.16
Medical care 1.1 0.45 0.16
Transportation 9.9 0.22 2.46
Communications 6.9 -0.13 0.00
Recreation and culture 3.1 -0.10 0.00
Education 4.0 3.78 0.00
Restaurants and hotels 4.4 0.71 0.06
Miscellaneous goods and services 5.3 -0.57 -0.41
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Table 2: CONSUMER PRICE INDEX by DIVISION
(2007 = 100)
Division Weights JUNE
2015
MAY 2016
JUNE 2016
ALL ITEMS 100.0 125.66 127.30 127.88
Food and soft drinks 13.9 144.84 144.71 146.25
Beverages and tobacco 0.2 150.17 150.34 150.34
Textiles, clothing and footwear 7.6 105.72 110.76 111.09
Housing 39.3 122.14 125.37 125.53
Furniture and household goods 4.2 135.00 135.05 135.26
Medical care 1.1 108.12 108.43 108.61
Transportation 9.9 122.72 120.05 123.00
Communications 6.9 98.82 98.69 98.69
Recreation and culture 3.1 116.51 116.39 116.39
Education 4.0 157.56 163.52 163.52
Restaurants and hotels 4.4 145.97 146.92 147.01 Miscellaneous goods and services 5.3 130.37 130.15 129.62
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Table 3: PERCENTAGE CHANGE IN CONSUMER PRICE INDEX BY EMIRATE
(2007 = 100)
Emirate
% Change JUNE2016/
JUNE 2015
JUNE 2016/
MAY2016
UAE 1.76 0.46
ABU DHABI 2.18 0.55
DUBAI 2.23 0.76
SHARJA 1.44 0.49
AJMAN 1.03 0.45
UM ALQUEEN 2.22 0.42
RAS ALKHAIMEH -0.27 0.28
FUJAIREH 1.33 0.27
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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 2007 -based CPI was derived from the expenditure values collected in the Household Expenditure Survey (HES), which was conducted, from April 2007 to march 2008. These expenditure values will updated coming soon to 2014 values by taking into account price changes between 2014 and 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 860 brands/varieties are included in the 2007-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.
