Tuesday 23 September 2014
Price index

UAE residential property prices edge up in May

Residential property prices in Dubai housing market increased 2.01 per cent in May, while those in Abu Dhabi rose 1.28 per cent, marking year-on-year increases of 16.1 per cent and 6.2 per cent, respectively, said a report. The Du


Key US consumer data raises deflation fears

Underlying US inflation pressures were muted in August, keeping deflation fears alive, even though a rise in food and energy costs drove overall consumer prices higher. The core consumer price index (CPI) was flat last month, the Labour De


Global housing market still ‘shaky’

The recovery in global housing markets is still shaky with a number of locations seeing steep growth and others registering price falls during the final three months of 2009, said an expert. “There remains a very clear polarisation between


Abu Dhabi eyes construction price index

Abu Dhabi plans to launch an index tracking building material prices to limit price manipulation amid soaring construction costs, the Gulf emirate's economic development said on Saturday. The price index will include 22 items, comprising 9

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