Posted inThe Knowledge

Inflation rises in Abu Dhabi

Stats show 2.1 percent rise on most goods in 2012

The inflation in prices seen in the capital over the past year is not showing any signs of slowing down any time soon. The Abu Dhabi Statistics Center issued a report on the consumer price index (CPI), indicating a steady stream of price hikes, with a substantial 2.1 percent rise on most goods in the months of 2012. Some of the major contributors to the escalating costs are the restaurants and hotel groups, accounting for over 50 percent of the increase.