Sign in Register
Posted On: 17 March 2012 09:55 am
Updated On: 12 November 2020 02:11 pm

Food prices continue to rise

Discuss here!
Start a discussion
Food prices continue to rise burdening the common man, official figures released yesterday suggest. Food and tobacco products became 0.7 percent more expensive in February this year as compared to January. In other words, in barely a month the prices of basic food items rose more than half-a-percent. The Qatar Statistics Authority (QSA) released Consumer Price Index (CPI) figures for February that suggest that commodities and miscellaneous services became as much as 8.1 percent costlier in a year since February 2011. House rents, though, fell 6.1 percent in February, 2012 as compared to the corresponding month of last year, Qatar News Agency (QNA) reported quoting QSA figures. While the prices of commodities and miscellaneous services soared 8.1, entertainment, furniture and textiles became 4.9 percent and 4.4 percent costlier, respectively, in a year. The rate of inflation since February last year has, though, been only 1.2 percent thanks to declining rents. The Peninsula