Foreign Direct Investment 2013 - Federal Competitiveness and

EMIRATES CONSUMER PRICE
INDEX REPORT FOR JUNE, 2016
JULY 2016
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This Report has been Prepared and Printed according to the
Statistical Data Dissemination Manual and Code of Practice for
UAE Official Statistics
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
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EMIRATES CONSUMER PRICE INDEX
JUNE 2016
Table 1: PERCENTAGE CHANGE IN CONSUMER PRICE INDEX
By DIVISION
(2007 = 100)
% Change
Division
Weights
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)
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
Division
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130.37
130.15
129.62
Table 3: PERCENTAGE CHANGE IN CONSUMER PRICE INDEX
BY EMIRATE
(2007 = 100)
% Change
Emirate
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JUNE 2016/
JUNE 2015
JUNE 2016/
MAY 2016
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
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 nonNational 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 shortterm 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.
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