Posted on September 15, 2015

The Ministry of Development Planning & Statistics (MDPS) has released the Consumer Price Index (CPI) for the month of August 2015. The CPI of August, 2015 is estimated at 105.7, showing an increase [M-o-M basis] by 0.5% when compared to CPI of July 2015. Compared to the CPI of August, 2014, a rise of 1.2% [Y-o-Y] in the index has been registered.

An analysis [on M-o-M basis] of CPI [August, 2015 against July, 2015 indices] shows that there are four main groups, where respective indices in this month have risen, namely: “Food and Beverages” by 2.6%,and that was due to the return to the normal price level after Ramadan offers in the previous month.“Housing, Water, “Recreation and Culture” group by 0.8%,Electricity and Gas” by 0.4%, and “Miscellaneous Goods and Services” by 0.2%. A decline in prices is noticed in the other groups, namely: “Clothing and Footwear” by 0.6%, and “Transport” by 0.2%. The other six groups: “Tobacco”, “Furniture and Household Equipment”, “Health”, “Communication”, and “Education” have remained flat, at the last month’s price level. Figures (4) and (5) show the movement of monthly CPIs of “Food and Beverages” and “Housing, Water, Electricity and Gas”.

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A comparison of the CPI of August, 2015 with the CPI of August, 2014, points a rise in the general index (CPI), by 1.2%. This [Y-o-Y] price surge is affected primarily by the increasing prices in the eight groups, namely: “Education” by 11.1%, “Tobacco” by 6.3%, “Transport“ by 2.6%, “Housing, Water, Electricity and Gas” by 2.2%, “Food and Beverages” by 1.9%, Restaurants and Hotels” by 0.3%,“Furniture and Household Equipment” and “Communication”  by  0.1% each.Also, there has been a decrease in price levels in other groups, namely: “Recreation and Culture” by 3.5%,“Miscellaneous Goods and Services” by 1.7, and “Health” by 0.1%. Figure (1) shows the monthly and annual comparison for CPI of August 2015.

The CPI of August, 2015 excluding “Housing, Water, Electricity and Gas” group stands at 104.1, showing an increase of 0.5% compared to the index of July 2015 and a 1.9% in comparison to the CPI of August, 2014. Table (2) presents CPI excluding “Housing, Water, Electricity and Gas” and Figure (3) shows the monthly percentage change of CPI with and without Housing component.

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.

Click to view the tables and graphs.

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