- CPI Monthly change (0.1%).
- CPI Annual change 2.6%.
The Ministry of Development Planning & Statistics (MDPS) has released the Consumer Price Index (CPI) for the month of May 2016. The CPI of May, 2016 is estimated at 107.6 showing slightly decrease [M-o-M basis] by 0.1% when compared to CPI of April 2016. Compared to CPI of May 2015, an increase [Y-o-Y basis] of 2.6% has been registered in the general index (CPI) of this month.
An analysis [on M-o-M basis] of CPI for May, 2016 compared with April, 2016 CPI, shows that there are Three main groups, where respective indices in this month have risen, namely: “Clothing and Footwear” by 0.8%, “Miscellaneous Goods and Services” by 0.6%, “Transport” by 0.1%. A decline in prices is also noticed in “Recreation and Culture” by 0.7%, “Food and Beverages” by 0.6%, and “Restaurants and Hotels” by 0.2%. The other groups: “Tobacco”, “Housing, Water, Electricity and other Fuel”, “Furniture and Household Equipment”, “Health”, “Communication”, and “Education” have remained flat at the last month’s price level. Graph (4) and (5) show the movement of monthly CPIs of “Food and Beverages” and “Housing, Water, Electricity and Gas”.
A comparison of the CPI, May, 2016 with the CPI, May, 2015, points a rise in the general index (CPI), by 2.6%. This [Y-o-Y] price surge is primarily due to the increasing prices seen in the eight groups, namely: “Education” by 7.1%, “Recreation and Culture” and “Housing, Water, Electricity and other Fuel” by 5.2% each, “Miscellaneous Goods and Services” by 2.4%, “Transport” by 1.8%, “Furniture and Household Equipment” by 1.1%, “Clothing and Footwear” by 0.9%, and “Communication” by 0.1%. Also, there has been a decrease in price levels in other groups, namely: “Food and Beverages” by 1.2%, “Health” by 1.0%, and “Restaurants and Hotels” by 0.1%. No change has been recorded in “Tobacco” groups. Graph (1) shows the monthly and annual comparison for CPI of May 2016.
The CPI of May, 2016 excluding “Housing, Water, Electricity and other Fuel” group stands at 105.5, decrease by 0.1% when compared to the index of April 2016, and a 1.9% in comparison to the CPI of May, 2015. Table (2) presents CPI excluding “Housing, Water, Electricity and other Fuel” and Graph (3) shows the monthly percentage change of CPI with and without Housing component.
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More detailed data on CPI is available on the Ministry’s website: www.mdps.gov.qa, and in Qatar information exchange portal, QALM: www.qalm.gov.qa.
