MDPS Monthly Consumer Price Index

Doha, The Ministry of Development Planning & Statistics (MDPS) has released the Consumer Price Index (CPI) for the month of January 2017.

The CPI of January, 2017 reached to 108.3 showing a constancy, when compared to CPI of December, 2016. Compared to CPI of January, 2016, Year-over-Year basis of 1.2 percent has been registered in the general index (CPI) of this month.

An analysis on Month-over-Month basis of CPI for January, 2017 compared with December, 2016 CPI, shows that there are fourth main groups, where respective indices in this month have increased, in transport by 1.6 percent, recreation and culture by 0.7 percent, health by 0.5 percent, and restaurants and hotels by 0.3 percent.

A decrease in prices is also noticed in clothing and footwear by 1.7 percent, followed by food and beverages by 1.2 percent, miscellaneous goods and services by 1.3 percent, housing, water, electricity and other fuel by 0.4 percent, furniture and household equipment by 0.2 percent. The other groups: tobacco, communication, and education have remained flat at the last month's price level.

A comparison of the CPI, January, 2017 with the CPI, January, 2016 (Annual Change), points a rise in the general index (CPI), by 1.2 percent. This Year-over-Year basis price surge is primarily due to the increasing prices seen in the six groups, which are transport by 4.7 percent, education by 3.0 percent, recreation and culture by 2.8 percent, miscellaneous goods and services by 1.7 percent, furniture and household equipment by 1.3 percent, and housing, water, electricity and other fuel by 0.6 percent.

Also, there has been a decrease in price levels in five groups, which are restaurants and hotels by 2.7 percent, food and beverages by 1.9 percent, clothing and footwear by 1.3 percent, health by 0.2 percent, and communication by 0.1 percent. For tobacco group, there is no changes recorded.

The CPI of January, 2017 excluding housing, water, electricity and other fuel group stands at 106.3, showing an increase by 0.1 percent when compared to the index of December 2016, and a 1.3 percent when compared to the CPI of January 2016.

Source: Qatar News Agency