HomeEconomyQatar’s consumer price index rises 5.41% in June
By Economy Middle East
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July 7, 2022 8:59 am

Qatar’s consumer price index rises 5.41% in June

It registered a slight MoM increase of 0.01 percent
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Customers are seen shopping at a market in the Qatari capital Doha

The consumer price index (CPI) in Qatar increased in June by 5.41 percent year-over-year (YOY) compared to the same month in 2021, to reach 103.14 points.

In comparison to May 2021, CPI was comparatively stable month-over-month (MoM), showing a tiny increase of 0.01 percent.

This index, which monitors inflation, covers 12 main groups of consumer goods, under which 737 goods and services fall, and is calculated on the basis of 2018, according to data derived from the Household Income Expenditure Survey (HIES) 2017–2018. 

Qatar’s Planning and Statistics Authority highlighted that eight groups of goods and services have seen price increases. Entertainment and culture led the increase with a 36.45 percent hike. Housing, water, electricity, gas, and other fuels experience a 5.41 percent increase. Meanwhile, food and beverages witnessed a growth of 4.33 percent. 2.10 percent went for other goods and services, 1.77 percent for transportation, 1.37 percent for furniture and household appliances, 0.37 percent for communications, and 0.22 percent for education.

Additionally, the entertainment and culture group saw a monthly increase of 2.26 percent, while tobacco, housing, water, electricity, gas and other types of fuel, furniture and household appliances, health, and communications experienced no change from May 2022.

Moreover, after excluding the categories of housing, water, electricity, gas, and other types of fuel from the measurement, June’s CPI came out at 106.13, showing relative stability of 0.02 percent compared to May 2022, and an increase of 5.41 percent compared to the same month in 2021.