FINANCIAL NEWS

Qatar’s inflation rate reaches 3.3 percent

14 Apr 2016

(MENAFN) Qatar’s inflation rate increased 3.3 percent year-on-year in March 2016, while the index which estimated at 107.6 percent remained stable.

Moreover, the increase was linked to the growing prices seen in the eight groups, namely: “Recreation and Culture” by 11.2 percent.

In addition, the prices of “Housing, Water, Elect and Gas” reached 5.4 percent, “Furniture and Household Equipment” and “Transport” by 1.5 percent.

However, a drop was in price levels in other groups, like: “Food and Beverages by 1.9 percent, “Health” by 0.3 percent.

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