News Dubai annual inflation eases to 3.36%

RIYADH: Annual inflation in Dubai experienced a modest decrease in February, marking a deceleration to 3.36 percent from January’s rate of 3.6 percent, according to official data.

This downturn is largely attributed to declines in the costs of transportation, as well as in the recreation, sports, culture, and tobacco sectors, a report by the Dubai Statistics Center highlighted.

Transportation saw a significant change during the month, going from -1.03 percent in January to -3.09 in February, a threefold deceleration.

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