The Ministry of Development Planning and Statistics releases the Consumer Price Index (CPI),March 2014
The Ministry of Development Planning & Statistics (MDPS) have released the Consumer Price Index (CPI) for the month of March, 2014. The CPI of March, 2014 is estimated at 116.6, showing an increase of 0.3% compared to the CPI of February 2014, and 2.6% compared to the CPI of March 2013.     The overall increase of 0.3% in CPI of March, 2014 when compared to CPI of February, 2014 is the combined effect of the price rise in: “Garments & Footwear”; “Rentals, Fuel & Energy*” and “Transport and Communication“ groups by 0.6% each; “Furniture, Textiles & Home Appliances” by 0.1%; and “Miscellaneous Goods & Services” by 0.7%; and price fall of 0.2% each seen in “Food, Beverages & tobacco” and “Entertainment, Recreation & Culture“ groups.  The overall CPI of March, 2014, compared to the one of March 2013 has increased by 2.6%. The increase is observed in most of the groups: “Rentals, Fuel & Energy” by 5.7%, mainly in rentals of residential buildings, “Furniture, Textiles & Home Appliances” by 3.8%, “Garments and Footwear” by 3.5%, “Entertainment, Recreation & Culture” by 2.1%, “Transport and Communication” by 1.6% and “Food, Beverages & tobacco” by 1.0%. However, prices of “Miscellaneous goods & services” have declined by 2.2% due to the decrease of gold prices.  The CPI of March 2014, excluding “Rentals, Fuel and Energy” group stands at 127.5, showing a slight increase of 0.2% compared to the index of February 2014 and 1.5% of the CPI of March, 2013. Figure (3) - in the attached document - shows the index change rate.  More details on consumer price indices are available on QALAM:  www.qix.gov.qa. For more details  * Calculation based on 2007.  * Fuel and energy for the home use.

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