|23 January, 2020

Compared with 2018, Consumer prices dropped 0.8% in 2019, reports SCAD

Comparison of monthly price data shows a 0.7% fall in the CPI to 109.6 points in December 2019, down from 110.3 points in November 2019. The index also dropped by 1.0% in December 2019 compared with December 2018.

Abu Dhabi: Consumer prices declined by 0.8% in 2019 compared with 2018. As the latest Consumer Price Index (CPI) report of Statistics Centre – Abu Dhabi (SCAD) indicates, the CPI averaged 110.7 points in 2019, down 0.8% from 111.6 points in 2018.

Comparison of monthly price data shows a 0.7% fall in the CPI to 109.6 points in December 2019, down from 110.3 points in November 2019. The index also dropped by 1.0% in December 2019 compared with December 2018.

SCAD’s CPI report presents the contribution of each of the main 12 expenditure groups to the overall change in consumer prices during 2019. The groups are categorized according to the International Classification of Individual Consumption according to Purpose (COICOP). The largest contributor to the overall decrease in consumer prices during 2019 compared with 2018 was the ‘Housing, water, electricity, gas and fuel’ group, which contributed 140.7 percentage points to the overall decrease in the CPI in 2019 compared with 2018, as the group’s prices dropped by 3.7%.

The ‘Transport’ group decreased by 5.3% during 2019 compared with year 2018, contributing 93.2 percentage points to the overall decrease in consumer prices during 2019. The ‘Food and beverages’ group contributed 29.6 percentage points to the overall decrease in the CPI during 2019 compared with 2018 as the group’s prices declined by 2.1%.

On the other hand, the prices of the ‘Recreation and culture’ group increased by 24.6% during 2019 compared with 2018. The group detracted 132.5 percentage points from the overall fall in the CPI in 2019.

It is worth noting that SCAD’s CPI report also presents comparisons of monthly CPI data, along with analyses by household welfare, household type and geographical region.

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About Statistics Centre Abu Dhabi (SCAD)

Statistics Centre − Abu Dhabi (SCAD) was established in 2008 in accordance with Law No. (7), to develop and organize statistical work in the Emirate of Abu Dhabi in particular and the United Arab Emirates in general. SCAD’s purpose is to produce statistical information that is consistent with the Emirate’s orientation towards sustainable development and strategic plans under the supervision and with full support of the Executive Council of the Emirate of Abu Dhabi.

Being the of the official statistical data collection agency in the Emirate of Abu Dhabi, the centre assumes the functions of preparing the statistical plans and programs that serve the emirate’s wider development programs, conducting statistical surveys across the emirate. SCAD is also responsible for the collection, classification, storage, analysis and dissemination of official statistics and the release of the results of social, demographic, economic, environmental and cultural surveys.

The activities of the centre encompass all areas relating to social conditions in accordance with relevant international standards and ethics, such as independence, professionalism, impartiality, objectivity, confidentiality, cost effectiveness and quality of statistics.

For more information, please contact:
Mary Khamasmieh
Weber Shandwick
M:  +971 50 2731 753
E: mkhamasmieh@webershandwick.com 

Rawad Khattar
Weber Shandwick
M: +971 56 336 2121
E: RKhattar@webershandwick.com  

Sara Abuhassira
Weber Shandwick
M:  +971 50 411 5226
E: sabuhassira@webershandwick.com  

© Press Release 2020

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