May 24, 2017 / 12:27 PM / 4 months ago

TABLE-UAE April inflation eases to 2.2 pct on food, housing prices

    May 24 (Reuters) - The United Arab Emirates National Bureau
of Statistics released the following April consumer price data
on Wednesday.
    
 UAE CONSUMER INFLATION         04/17     03/17     
 pct change month/month         -0.4       0.4       
 pct change year/year            2.2       3.0       
    
    NOTE.  The statistics authority changed the base year for
the consumer price index to 2014 from 2007 starting in October
2016, and changed the weights for basket components. For
example, the weight of housing and utilities fell to 34.1
percent from 39.3 percent. 
    Housing and utility costs rose 1.6 percent from a year ago
in April. Food and soft drink prices, which account for 14.3
percent of the new basket, fell 0.5 percent while transport
costs increased 6.6 percent.

 (Reporting by Andrew Torchia; Editing by Keith Weir)
  

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