The Annual Price Index in the Emirate Showed a Price Drop by 1.80% during the Year 2020

The Annual Price Index in the Emirate Showed a Price Drop by 1.80% during the Year 2020

Ajman Statistics & Competitiveness Center seeks to make best use of all of its potentials to provide data and statistical indexes to data users and decision makers at all levels. Therefore, the statistical reports issued by Ajman Statistics & Competitiveness Center revealed that the annual consumer price index dropped by 1.80% in the year 2020 compared  with the year 2019, where some categories contributed to the index fall in different proportions. These categories include: restaurant and hotel category by 5.29%, transportation category by 5.04%, household appliance and supplies category by2.07%, housing, water, electricity and gas category by 2.02%, food and beverage category by 0.57% and the healthcare services category by 0.10%.

 

Meanwhile, the prices of clothes and shoes, telecommunications, various goods and services, entertainment and culture and education and tobacco categories went up by 0.11%, 0.20%, 0.25%, 1.06%, 1.49% and 2.12% respectively.

 

At the level of the overall consumer price index on a quarterly basis, it dropped by 1.85% during the fourth quarter of 2020 compared  with the same quarter of the year 2019 as a result of the remarkable price fall in the following categories: restaurant and hotel category by 9.49%, household appliances  and supplies categories by 5.33%, transportation service category by 4.38 and housing, water, electricity and gas category by 3.02%.

 

However, the prices of education, healthcare, tobacco and entertainment and culture categories remarkably  increased by 3.65%, 1.75%, 1.57% and 1.38% respectively.

 

For the various goods and services, food and beverages, telecommunications and clothes and shoes categories, a slight increase was recorded in the prices compared  with the levels of the comparison  period.