consumer price index - scad documents/consumer... · consumer price index detailed by: •...

5
1 Consumer Price Index Consumer Price Index Detailed by: • Expenditure groups • Household welfare levels • Household type • Regions (Base year 2014)

Upload: others

Post on 04-Oct-2020

7 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Consumer Price Index - SCAD Documents/Consumer... · Consumer Price Index Detailed by: • Expenditure groups • Household welfare levels • Household type • Regions 2014)(Base

1Consumer Price Index

Consumer Price Index

Detailed by:

• Expenditure groups• Household welfare levels• Household type• Regions (Base year 2014)

saalhamiri
Typewritten Text
December 2019
saalhamiri
Typewritten Text
Release Date: January 2020
saalhamiri
Typewritten Text
saalhamiri
Typewritten Text
saalhamiri
Typewritten Text
saalhamiri
Typewritten Text
saalhamiri
Typewritten Text
saalhamiri
Typewritten Text
Page 2: Consumer Price Index - SCAD Documents/Consumer... · Consumer Price Index Detailed by: • Expenditure groups • Household welfare levels • Household type • Regions 2014)(Base

1

Briefing

This publication provides an analysis of the results of the CPI for December 2019 with the base year

2014. In addition, it provides the results of CPI by household welfare levels, by household type, by Abu

Dhabi regions and provides the percentage contribution of the major expenditure groups in the annual

price change.

Key Points

The consumer price index decreased by 0.8% in 2019 compared with 2018, the index reached

110.7% in 2019, while it was 111.6% in 2018.

The CPI decreased by 1.0% in December 2019 compared with December 2018, where the

index reached 109.6% during December 2019, while it was 110.7% in December 2018.

The CPI decreased by 0.7% in December 2019 compared with November 2019, where the

index reached 109.6% during December 2019, while it was 110.3% in November 2019.

The decline in consumer prices during 2019 compared with 2018, contributed to a decrease of

1.4% in consumer prices for households of the bottom welfare level, and 1.2% for the middle

welfare level, and 0.4% for the top welfare level.

The decline in consumer prices during 2019 compared with 2018, contributed to a decrease of

0.8% for citizen households, 0.9% for non-citizen households, and 1.4% for shared households.

The ‘Housing, water, electricity, gas and fuel’ group contributed 7.140 % to the overall decrease

in the CPI during 2019 compared with 2018. Prices of this group decreased by 7.3 % over the

same period.

Prices of the ‘Transport’ group decreased by 3.5 % during 2019 compared with 2018, and

contributed 2.93 % to the overall decrease.

The ‘Food and beverages’ group contributed by 6.29 % to the overall decrease in the CPI during

2019 compared with 2018. Prices of this group decreased by 2.1% over the same period.

Prices of the ‘Recreation and culture’ group increased by 6.24 % during 2019 compared with

2018, and contributed 5.132 % in reducing the overall decrease in the CPI.

Page 3: Consumer Price Index - SCAD Documents/Consumer... · Consumer Price Index Detailed by: • Expenditure groups • Household welfare levels • Household type • Regions 2014)(Base

2

Table (1): Major expenditure groups by weight, relative change and contribution during 2019

compared with 2018

Main expenditure groups Weight Relative change% Contribution%

Food and beverages 12.3 -2.1 -29.6

Tobacco 0.2 3.5 1.6

Clothing and footwear 5.4 -2.3 -16.1

Housing, water, electricity, gas and fuels 31.2 -3.7 -140.7

Furnishings, household equipment 7.2 2.7 22.0

Health 1.6 0.0 0.0

Transport 14.7 -5.3 -93.2

Communication 5.0 1.1 5.6

Recreation and culture 4.8 24.6 132.5

Education 6.9 0.8 6.9

Restaurants and hotels 3.8 1.7 7.6

Miscellaneous goods and services 7.0 0.4 3.5

Total 100.00 -0.8 -100.0

Source: Statistics Centre - Abu Dhabi

Figure (1): Annual inflation rates for the months of 2017 - 2019

Source: Statistics Centre – Abu Dhabi

1.8 2

.1

2.6

2.3

2.0

1.8

1.0

1.6

0.5 0

.8

0.6

2.1

4.7

4.3

2.7

3.4

3.2 3.3

3.8 4

.1

4.0

2.7

2.1

1.2

-0.9

-0.8

-0.8

-1.3 0

.5

-0.2

-1.4 -1.2

-1.8 -1

.1

-0.3

-1.0

(3.0)

(2.0)

(1.0)

-

1.0

2.0

3.0

4.0

5.0

6.0

7.0

Jan

Fe

b

Ma

r

Ap

r

May

Jun

Jul

Au

g

Se

p

Oct

Nov

Dec

Jan

Feb

Ma

r

Ap

r

Ma

y

Jun

Jul

Au

g

Se

p

Oct

Nov

Dec

Jan

Fe

b

Ma

r

Ap

r

Ma

y

Jun

Jul

Au

g

Se

p

Oct

Nov

Dec

2017 2018 2019

Infla

tio

n r

ate

%

Months

Page 4: Consumer Price Index - SCAD Documents/Consumer... · Consumer Price Index Detailed by: • Expenditure groups • Household welfare levels • Household type • Regions 2014)(Base

3

Figure (2): CPI for the months of 2017-2019

Source: Statistics Centre – Abu Dhabi

Figure (3): Inflation rates, 2005-2019

Source: Statistics Centre – Abu Dhabi

107.6

107.8

108.4

108.0

107.9

108.3

107.9

107.7

107.3 108.1

108.4 1

09.4

112.7

112.4

111.3

111.6

111.3

111.9

112.0

112.1

111.6

111.0

110.6

110.7 1

11.8

111.6

110.5

110.2

111.9

111.6

110.4

110.8

109.7

109.8

110.3

109.6

104.0

105.0

106.0

107.0

108.0

109.0

110.0

111.0

112.0

113.0

114.0

Jan

Fe

bM

ar

Ap

rM

ay

Jun

Jul

Au

gS

ep

Oct

No

vD

ec

Jan

Fe

bM

ar

Ap

rM

ay

Jun

Jul

Au

gS

ep

Oct

No

vD

ec

Jan

Fe

bM

ar

Ap

rM

ay

Jun

Jul

Au

gS

ep

Oct

No

vD

ec

2017 2018 2019

6.2

8.3

10.7

14.9

0.8

3.1

1.91.1 1.3

3.2

4.3

2.01.6

3.3

-0.8-2.0

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Page 5: Consumer Price Index - SCAD Documents/Consumer... · Consumer Price Index Detailed by: • Expenditure groups • Household welfare levels • Household type • Regions 2014)(Base

4

Notes Technical notes

For better understanding of the statistical indicators mentioned in this summary, please refer to the

accompanied technical notes on the SCAD website.

Data sources

Data are obtained through a field survey by collecting the prices from different outlets in Abu Dhabi

Regions (Abu Dhabi, Al Ain and Al Dhafra) The data are processed and passed to the Prices and

Income Section at Statistic Centre – Abu Dhabi for further editing and compilation.

More information and detailed release

For more information about the Consumer Price Index (CPI) and other official statistics, please visit the

statistics link on the SCAD website at www.scad.gov.ae

Revision Statement

The CPI is compiled on a monthly basis, within 12 working days from the end of the reference month.

The results of CPI calculations are considered final. Therefore, the CPI figures are not subjected to

future revisions because of new data becoming available. When an error is discovered, there are

transparent procedures taken with a request sent to the Project Management Office to correct the error.

These procedures are in line with the policy of the Statistics Center - Abu Dhabi. The base year of the

Consumer Price Index is updated as recent data from the Household Income and Expenditure Survey

(HIES) become available, usually updated every five years.

Disclaimer / Terms of Use

SCAD produces publications for the benefit of government, communities, individuals, and businesses.

SCAD shall not be liable for any loss or damage suffered by the user following the misuse of the

statistics supplied in good faith by SCAD. Users of official statistics are responsible for determining

when and how to use the statistics for specific purposes. The user exempts SCAD from any legal

obligation related to errors that may occur outside its control or without its knowledge. The user also

waives the right to obtain compensation for losses or damages that may be caused as a result of that

error.

SCAD”s official statistics are protected under copyright laws, except where otherwise indicated. The

contents of this publication may be reproduced, in whole or in part, and by any means, without further

permission from SCAD, provided that SCAD is fully acknowledged as follows:

Source: Statistics Centre – Abu Dhabi, year of publication, name of product, catalogue number,

reference period and page(s).