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The Ministry of Development Planning & Statistics (MDPS) has released the Consumer Price Index (CPI) for the month of August, 2014. The CPI of August, 2014 is estimated at 118.9, showing an increase of 0.7% compared to the CPI of July 2014, and a 3.8% compared to the CPI of August 2013. The overall increase of 0.7% in CPI of August, 2014 when compared to CPI of July 2014 has resulted from the effect of price increases recorded in the main groups: “Food, Beverages and Tobacco” by 1.7%, “Miscellaneous Goods & Services” by 1.1%, “Garments and Footwear” by 1.0%, “Rentals, Fuel & Energy*” by 0.7%, “Entertainment, Recreation & Culture” and “Furniture, Textiles & Home Appliances” by 0.3% for each, and “Transport and Communication” by 0.2%.Table (1) presents CPI of August 2014, and figures (4) and (5) show the movement of monthly CPIs of “Food, Beverages and Tobacco” and “Rentals, Fuel and Energy*” groups.The overall CPI of August, 2014, compared to the one of August, 2013 has increased by 3.8%. The price increases are observed in all of the groups: “Rentals, Fuel & Energy*” by 7.9% (mainly hikes noticed in rentals of residential buildings), “Furniture, Textiles & Home Appliances” by 5.1%, “Garments and Footwear” by 3.3% “Transport and Communication” by 2.5%, “Miscellaneous Goods & Services” by 1.6%, “Entertainment, Recreation & Culture” and “Food, Beverages & tobacco” by 1.2% for each, and “Medical care” by 0.7%. Figure (1) shows the monthly and annual comparison for CPI of August 2014. The CPI of August 2014, excluding “Rentals, Fuel and Energy” group stands at 129.0, showing an increase of 0.7% compared to the index of July 2014 and 2.2% in comparison to the CPI of August, 2013. Table (2) presents CPI excluding “Rentals, Fuel & Energy” and figure (3) shows the Monthly percentage change of CPI and CPI excluding Rental component in the document attached below.
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More detailed data on CPI is available on the ministry’s website: www.mdps.gov.qa and QALAM: www.qix.gov.qa.