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Posted On: 13 July 2012 09:59 am
Updated On: 12 November 2020 02:12 pm

Food, airfares push living cost upwards

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Qatar’s cost of living is going up, mainly due to costlier food, beverages, furniture, garments and home appliances. The country’s living expenses, based on consumer price index (CPI), rose 1.6 percent year-on-year (y-o-y) according to Qatar Statistics Authority’s (QSA) June 2012 data. Entertainment and recreation became more expensive over the last one year. The prices of the household consumption of goods and services have also gone up during the period. The entire major groups, with the exception of rent, fuel and energy, showed increases when compared to June 2011. Airfares, food, beverages, tobacco, garments and footwear became costlier in June 2012 compared to the previous month. Airfares went up to 5.3 percent in June 2012, compared to May. While food and beverages were up by 0.9 percent and 5.3 percent, tobacco turned costlier by 3.1 percent. However, the month-on-month data shows a decline in furniture, textiles and home appliances. The CPI for the month of June, 2012 was 110.7, an increase of 0.5 percent when compared to May 2012. In comparison with May 2012, transport and communications, food, beverages and tobacco went up. Garments and footwear also increased. But there is no change in rent, fuel, energy medical care and medical services. On the other hand, furniture, textiles and home appliances declined by 0.4 percent. Miscellaneous goods and services dropped 0.3 percent and entertainment, recreation and culture slipped 0.1 percent. THE PENINSULA