\nDoha: The Planning and Statistics Authority (PSA) has released the Consumer Price Index (CPI) for the month of March 2024.<\/p>\n
The CPI of March 2024 reached 106.67 points showing a decrease of 1.40% when compared to CPI of February 2024. Compared to CPI of March 2023, Y-o-Y basis, an increase of 0.98% has been recorded in the general index (CPI) of this month.<\/p>\n
The CPI, which measures inflation, includes 12 main groups of consumer goods, including 737 goods and services, and was calculated on a base year of 2018 according to the results calculated from the data of the Household Income and Expenditure Survey (HIES) 2017-2018.<\/p>\n
In a statement on Monday, PSA indicated that the groups showed decrease as a follow: Recreation and Culture by 5.58%, Food and Beverages by 4.74%, Restaurants and Hotels by 1.92%, Furniture and Household Equipment by 0.34%. An increase has been recorded in: Clothing and Footwear by 1.88%, Miscellaneous Goods and Services by 0.99%, Transport by 0.23%, and “Education” by 0.03%. Tobacco, Housi
\nng, Water, Electricity and other Fuel, Health, and Communication remained flat at the last months price level.<\/p>\n
A comparison of the CPI, March 2024 with the CPI, March 2023 (Annual Change), an increase has been recorded in the general index (CPI) by 0.98%. This Y-o-Y price increase primary due to the prices rising in six groups namely: Recreation and Culture by 8.48%, Communication by 3.84%, Education by 3.48%, Food and Beverages by 2.73%, Furniture and Household Equipment by 1.28%, and Miscellaneous Goods and Services by 0.83%. A decrease has been shown in price levels in Clothing and Footwear by 3.58%, followed by Housing, Water, Electricity, and other Fuel by 2.72%, Health by 1.59%, Transport by 0.93%, and Restaurants and Hotels by 0.61%. No changes recorded on Tobacco.<\/p>\n
The CPI of March 2024 excluding Housing, Water, Electricity, and other Fuel group stands at 109.56 points, recorded a decrease of 1.72% when compared to the index of February 2024. Compared with its counterpart in 2023, the CPI of March in
\ndex increased by 1.90%.<\/p>\n
Source: Qatar News Agency<\/p>\n","protected":false},"excerpt":{"rendered":"
Doha: The Planning and Statistics Authority (PSA) has released the Consumer Price Index (CPI) for the month of March 2024.<\/p>\n
The CPI of March 2024 reached 106.67 points showing a decrease of 1.40% when compared to CPI of February 2024. Compared to CPI …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"yoast_head":"\n