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RIYADH: Pulled again by decelerating meals and transportation costs, Dubai’s inflation fee eased to 2.05 % in June, its lowest stage since January 2022 when inflation reached 1.74 %, in line with the Dubai Statistics Heart.
The slowdown of worth ranges aligns with inflation traits throughout the Gulf Cooperation Council area, in addition to that of the world.
In February, a report launched by Kuwait-based funding technique and analysis agency Kamco Make investments stated the inflation fee in GCC nations is exhibiting a downward pattern this yr in comparison with 2022.
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