FINANCIAL NEWS

Qatar’s inflation rate jumps to 0.2pct

08 Sep 2016

(MENAFN) Costlier food items and transportation led Qatar’s cost of living to grow by 0.2 percent in August compared to the previous month levels.Moreover, the transport sector, which has a 14.59 percent, saw its group index expand to 0.8 percent in the same month of this year.On the other hand, the housing, water, elect and other fuel group witnessed an increase in its index by 3.8 percent.In addition, the clothing and footwear group, which carried 5.11 percent weight in the CPI basket, saw its group index grew by 1.6 percent.

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