Qatar’s Consumer Price Index (CPI) witnessed a marginal increase of 0.02 percent in December compared to previous month (November 2020), reaching at 95.93 points. When compared on annual basis, the consumer prices in Qatar (as per the general CPI index) in December have decreased by 3.37 percent compared to the CPI of the same month in 2019, latest data released by the Planning and Statistics Authority (PSA) show.
The groups of “Food and Beverages”, “Housing, Water, Electricity and other Fuel”, “Transport”, and “Recreation and Culture” are still considered as the most important to consumer families.
A month-on-month analysis of the CPI for December 2020 compared with the CPI of November 2020, showed that there were five main groups, where respective indices during this month have increased, namely: “Recreation and Culture” by 3.31 percent, followed by “Education” by 0.68 percent. “Transport” and “Miscellaneous Goods and Services” by 0.53 percent each, and “Furniture and Household Equipment” by 0.08 percent.
A comparison of the CPI, December 2020 with the CPI, December 2019 (annual change), showed that a decrease has been recorded in the general index (CPI), by 3.37 percent. This y-o-y price decrease primary due to the prices decline in four groups namely: “Recreation and Culture” by 21.61 percent, “Clothing and Footwear” by 6.77 percent, “Housing, Water, Electricity and other Fuel” by 5.56 percent, and “Food and Beverages” by 0.62 percent.
