Posted on August 13, 2014

The Ministry of Development Planning & Statistics (MDPS) has released the Consumer Price Index (CPI) for the month of July, 2014. The CPI of July, 2014 is estimated at 118.0, showing an increase of 0.3% compared to the CPI of June 2014, and a 3.1% compared to the CPI of July 2013.

The overall increase of 0.3% in CPI of July, 2014 when compared to CPI of June 2014 has resulted from the combined effect of price increases recorded  in the main groups: “Garments & Footwear” by 1.5%, “Rentals, Fuel and Energy*” and “Medical care” by 0.3%for each, “Furniture, Textiles & Home Appliances” by 0.8%, “Entertainment, Recreation & Culture” by 0.7%, “Transport and Communication” by 0.5%,  and price falls noticed in: “Food, Beverages & tobacco” by 1.0%; and “Miscellaneous Goods & Services” by 0.3%. Table (1) presents CPI of July 2014, and figures (4) and (5) show the movement of monthly CPIs of “Food, Beverages and Tobacco” and “Rentals, Fuel and Energy*” groups.

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The overall CPI of July, 2014, compared to the one of July, 2013 has  increased by 3.1%. The price increases are observed in most of the groups: “Rentals, Fuel & Energy*” by 7.6% (mainly hikes noticed in rentals of residential buildings), “Furniture, Textiles & Home Appliances” by 5.4%, “Garments and Footwear” by 2.2% “Transport and Communication” by 1.8%, “Miscellaneous Goods & Services” by 1.3%, “Entertainment, Recreation & Culture” by 0.8%,  and “Medical care” by 0.7%, On the other hand “Food, Beverages & tobacco” index have declined by 0.8%. Figure (1) shows the monthly and annual comparison for CPI of July 2014.

The CPI of July 2014, excluding “Rentals, Fuel and Energy” group stands at 128.1, showing an increase of 0.2% compared to the index of June 2014 and 1.4% in comparison to the CPI of July, 2013. Table (2) presents CPI excluding “Rentals, Fuel & Energy” and figure (3) shows the Monthly percentage change of CPI and CPI excluding Rental component. More detailed data on CPI is available on the ministry’s website: www.mdps.gov.qa and QALAM: www.qix.gov.qa.

Click here to see the tables and graphs.

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