Posted on February 10, 2016

The Ministry of Development Planning & Statistics (MDPS) has released the Consumer Price Index (CPI) for the month of January 2016. The CPI of January, 2016 is estimated at 107.0, showing an increase [M-o-M basis] by 0.6% when compared to CPI of December 2015. Compared to CPI of January 2015, an increase [Y-o-Y basis] of 2.8% has been registered in the general index (CPI) of this month.

An analysis [on M-o-M basis] of CPI for January, 2016 compared with December, 2015 CPI, shows that there are seven main groups, where respective indices in this month have risen, namely: “Transport” group by 3.1%. “Recreation and Culture” by 1.7%“Clothing and Footwear” and “Restaurants and Hotels”  by 1.3% each,“Furniture and Household Equipment” by 0.8%. “Communication” by 0.2%, “Housing, Water, Electricity and Gas” by 0.1%. A decline in prices is also noticed in “Food and Beverages” by 2.5%, “Miscellaneous Goods and Services” by 0.2%, “Health” by 0.1%. The other two groups: “Tobacco” 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, January, 2016 with the CPI, January, 2014, points a rise in the general index (CPI), by 2.8%. 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” by 6.1%, “Housing, Water, Electricity and Gas” by 6.0%, “Furniture and Household Equipment” by 2.1%, “Clothing and Footwear”by 1.4%, “Transport“ by 1.5%, “Restaurants and Hotels” by 1.0%, “Communication” by 0.2%.Also, there has been a decrease in price levels in other groups, namely: “Miscellaneous Goods and Services” by 1.7%,“Food and Beverages” by 1.4%, “Health” by 0.3%. No change has been recorded in “Tobacco” group. Graph (1) shows the monthly and annual comparison for CPI of January 2015.

The CPI of January, 2015 excluding “Housing, Water, Electricity and Gas” group stands at 104.9, an increase by 0.7%, when compared to the index of December 2015; and an increase of 2.8% in comparison to the CPI of January, 2015. Table (2) presents CPI excluding “Housing, Water, Electricity and Gas” and Graph (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 here to view the tables and figures

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