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Dubai inflation cools on softer transport and food costs


Traffic along Sheikh Zayed Road in Dubai. Transport has already been a key factor in keeping headline inflation down over recent months, and in March it was down 3.3 per cent year on year.. Photos by File photo

Softer transport and food costs resulted in the cooling of Dubai’s consumers price index last month, data showed on Monday.

According to Emirates NBD Research, headline CPI inflation in Dubai slowed to 2.8 per cent year on year in March, down from 3.2 per cent over the previous two months and the slowest pace of annual price growth since October last year.

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