Pay Review EK 2008
Join Date: Mar 2004
Location: UK
Posts: 165
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I dont own a diesel and if I did that would be the least of the issues.
My point is practically everything you buy in Dubai is transported by diesel.
All goods and services purchased in Dubai have to rise steeply simply to adjust to its transport costs. And thats ignoring the background inflation before oil prices started this rapid escallation.
Remember inflation was 9.6% when oil was at $60 per barrel. What will it be with a 100% increase in the fuel for every ship, truck and aircraft bringing the stuff into and around Dubai?
And yes petrol is going up again shortly. Standby....
I dont own a diesel and if I did that would be the least of the issues.
My point is practically everything you buy in Dubai is transported by diesel.
All goods and services purchased in Dubai have to rise steeply simply to adjust to its transport costs. And thats ignoring the background inflation before oil prices started this rapid escallation.
Remember inflation was 9.6% when oil was at $60 per barrel. What will it be with a 100% increase in the fuel for every ship, truck and aircraft bringing the stuff into and around Dubai?
And yes petrol is going up again shortly. Standby....