(MENAFN- Qatar News Agency) Qatar Statistics Authority (QSA) has released the Consumer Price Index (CPI) for June 2012.
The CPI for the month of June, 2012 was 110.7, showing a slight increase of 0.5% when compared to the CPI of May 2012, while showing a 1.6% increase when compared to the CPI of June, 2011.
A comparison with the CPI of May 2012, displayed increases at the overall level in the sub-groups: Transport & Communications" 2.1%, mainly due to rise in the airfares by 5.9%. "Food, beverages &tobacco",0.9 % because of fresh fish and fresh Vegetable which were noted high by 5.3%, 3.1% respectively. Garments and Footwear increase by 0.3%. No change in Rent, Fuel and Energy, and Medical care and Medical services.
On the other hand, there was a decline in the following groups:
s "Furniture , Textiles and Home Appliances", 0.4% and "Miscellaneous Goods and Services", 0.3%, "Entertainment, Recreation and Culture",0.1%
A year-on-year comparison, showed increases of 1.6% when comparing the CPI of June 2012 with that of June 2011. There were increases in all the major groups, with the exception of "Rent, Fuel and Energy", which registered a drop of 5.0%. The highest increases were recorded in the group "Entertainment, Recreation & Culture", 6.8%; followed by Furniture, Textiles, & Home Appliances", 5.7%; "Miscellaneous. Goods and Services", 4.3%; and "Food and Beverages", 3.7%.
Increases in the remaining groups were of the order of 1.6% in "Medical Care and Medical Services", 3.0% in "Transport & Communications", and 1.5% in "Garments &Footwear".
A CPI exclusive of the Rent, Fuel and Energy group has also been calculated. After eliminating the effect of rent, the overall index reached 123.5, showing an increase of 0.7% compared to the CPI of May 2012, and an increase of 4.0 % when compared to the month of June 2011.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.