Thursday, February 14, 2013

January inflation in Qatar edges higher on education


DOHA: Qatar's inflation, based on consumer price index (CPI), rose 3.4 percent year-on-year (y-o-y) and the index was up 0.7 percent month-on-month (m-o-m) in January 2013, figures released by the Qatar Statistics Authority (QSA) revealed.

The y-o-y inflation was mainly driven by 'entertainment, recreation and culture' group, 7.5 percent up. The increase was mainly attributed to the rise in education training services. The CPI data issued by Qatar Statistics Authority for the month of January 2013, recorded increase in all the groups except garments and footwear, where prices declined by 0.9 percent compared to January 2012.

While the rent, fuel and energy grew by 4.4 percent, furniture, textiles and home appliances became costlier by 4.1 percent than a year ago. The food, beverages and tobacco grew by 3 percent.

No comments:

Post a Comment

ShareThis