Consumer Price Index up 1.24% in December 2022 – The Peninsula

Consumer Price Index up 1.24% in December 2022 – The Peninsula

Doha: According to the Planning and Statistics Authority (PSA) Consumer Price Index (CPI) for the month of December 2022 reached to 108.20 points showing increase by 1.24 percent when compared to CPI of November 2022. Compared to CPI of December 2021, [Y-o-Y basis], an increase of 5.93 percent has been recorded in the general index (CPI) of this month.

When comparing the main components of CPI for the month of December 2022, with the previous month November 2022 (Monthly change), it is found that, there was an increase in six groups, while two groups were decreased, and four groups remained unchanged. The groups showed increase as a follow: “Recreation and Culture” by 7.33 percent, followed by “Restaurants and Hotels” by 1.84 percent, Transport” by 1.22 percent, “Miscellaneous Goods and Services” by 0.51 percent, “Food and Beverages” by 0.43 percent, “Furniture and Household Equipment” by 0.10 percent. A decrease has been recorded in “Communication” by 2.03 percent, and “Clothing and Footwear” by 0.42 percent.

“Tobacco”, “Housing, Water, Electricity and other Fuel”, “Health”, and “Education” had remained flat at the last month’s price level. A comparison of the CPI, December 2022 with the CPI, December 2021 (Annual Change), an increase has been recorded in