12.3% of Abu Dhabi households spending Ramadan on food and beverages

12.3% of Abu Dhabi households spending Ramadan on food and beverages

“While the overall cost of housing in Abu Dhabi has dropped in the past 12 months, the cost of electricity, water and gas have risen as prices become free,” said Reda Mosallam, general manager of Truth Economic Consultancy.

He added to the «Emarat alyoum», The increase in households’ expenditure on transport in the second place in spending is due to the rise in gasoline prices, which witnessed a significant increase in May last year. He pointed out that the percentage of expenditure on food and beverages is relatively high due to consumer behavior in societies Especially in Ramadan.

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