Abu Dhabi’s consumer price index (CPI) rose 3.1% in February 2011 compared to the same month in 2010 according to recently released figures by Statistics Centre Abu Dhabi. Consumer prices rose 3.3 per cent for the first two months of 2011 and the CPI edged up 0.1% to 121.2 points in February 2011, up from 121.0 points in January 2011.

There was inflation in Dubai higher in the increase in the cost of food. Next year it is predicted that there will be more rise in the consumer cost across the Gulf.

There was a slightly increase in last month inflation in Abu Dhabi. But there is normal rate of inflation in all other countries. There will be moderate increase in inflation next year.

Dubai price increases inclined by 0.61 percent in anticipation of the third quarter of the year mostly geared up by increasing price of food stuffs transport , education, and healthcare. Costs of vegetables mounted up by 9.49 percent above the similar phase during 2009, whereas fruits have turn out to be expensive by 6.29 percent, discovered statistics published by Dubai Statistics Center.

Global Infrastructure Partners and Abu Dhabi Investment Authority have agreed to buy the Port of Brisbane and have value it at $2.1 billion. The amount is going to be paid in case and will be used by the port for filling the losses that have come up due to financial crisis. Q Port Holdings Consortium has also agreed that it will be buying out a 99-year old lease.

The Reserve Bank of India (RBI) has said that there are fears of persistent inflationary pressure in the food sector. This is impacting the whole economy and so pushing up the inflation across other areas as well.

On Tuesday, Mr. Subir Gokarn, who is Reserve Bank of India's deputy governor, warned that inflation has gone above the comfort zone of Reserve Bank.

He further said that the assessment of the current scenario India about inflation is nor reassuring. At a private equity conference, he warned that as the current inflation rate is well above the comfort zone, it is cause for concern at RBI.

A recent study by Dubai Chamber of Commerce and Industry claimed the UAE to register its lowest inflation rate in five years in 2010 on accounts steep decline in rents. Dubai's inflation rate peaked to 11.3 per cent in 2008 and stood at 4.1 per cent in 2009, told the Dubai Statistics Centre.