Doha: The Planning and Statistics Authority (PSA) has released the Consumer Price Index (CPI) for the month of April 2023.
The CPI of April 2023 reached to 105.52 points showing a decrease by 0.03% when compared to CPI of March 2023. Compared to CPI of April 2022, [Y-o-Y basis], an increase of 3.68% has been recorded in the general index (CPI) of this month.
When comparing the main components of CPI for the month of April 2023, with the previous month March 2023 (monthly change), it is found that, there was a decrease in seven groups, while four groups were increased, and only one group remained unchanged.
The groups showed decrease as a follow: “Transport” by 2.29%, followed by “Clothing and Footwear” by 1.05%, “Education” by 0.94%, “Restaurants and Hotels” by 0.74%, “Health” by 0.25%, “Communication” by 0.21%, and “Food and Beverages” by 0.19%. An increase has been recorded in: “Furniture and Household Equipment” by 4.43%, followed by “Recreation and Culture” by 1.32%, “Miscellaneous Goods and Services” by 0.32%, and “Housing, Water, Electricity and other Fuel” by 0.07%. “Tobacco” had remained flat at the last month’s price level.
A comparison of the CPI, April 2023 with the CPI, April 2022 (Annual Change), an increase has been recorded in the general index (CPI), by 3.68%.
This [Y-o-Y] price increase primary due to the prices rising in eight groups namely: “Recreation and Culture” by 15.34%, followed by “Housing, Water, Electricity and other Fuel” by 7.72%, “Furniture and Household Equipment” by 2.87%, “Clothing and Footwear” by 2.49%, “Food and “Beverages” by 1.71%. “Education” by 1.64%, “Health” by 1.41%, and “Transport” by 0.60%.
A decrease has been shown in price levels in “Communication” by 4.04%, ““Miscellaneous Goods and Services” by 1.65%, and “Restaurants and Hotels” by 0.08%. No changes recorded on “Tobacco”.
The CPI of April 2023 excluding “Housing, Water, Electricity and other Fuel” group stands at 107.38 points recorded a decrease by 0.04% when compared to the index of March 2023. Compared with counterpart in 2022, the CPI of April index increased by 2.74%. .
