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20 August 2009
   

Consumer Price Index (CPI) – June 2009

 
   

The Qatar Statistics Authority (QSA) announced today that the Consumer Price Index (CPI) for June 2009 stood at 125.16, a decrease of 0.8 percent when compared to May. The CPI for the first six months of 2009 was showing a downward trend with the general CPI now 2.6 percent lower than in January.

 
   

The most significant decrease in the CPI was seen in rental prices which had been experiencing high rates of growth in previous years. The household rent, water and electricity and household maintenance component of the CPI was now 4.4 percent lower than in January 2009. The food, beverages and tobacco component of the CPI was down 0.7 percent over the previous month of May and 2.6 percent lower than in January 2009. Offsetting the 3.0 percent decrease in food prices over the first six months of 2009, beverages were up by 2.7 percent and tobacco products were up by 9.4 percent.

The transport and communication component of the CPI was up 1.1 percent when compared to May. This reflected the seasonal increase in airline fares associated with summer travel demand. Communication prices continued the downward trend seen during 2009 and were down 0.9 percent compared to May and down by 11.5 percent compared to the beginning of the year.

During 2009 the CPI index component showing the largest percentage decline was clothing and footwear which was 8.0 percent lower in June when compared to January.

The monthly CPI was started in January 2009 and is compiled on the basis of a monthly survey of prices for approximately three thousand goods and services, collected from over five hundred sources across Qatar.

 Consumer Price Index (CPI) – June 2009