Cost of living rises 0.3% in August
Gulf Times
The index of transport, which has a 14.59% weight, was seen shooting up 13.27% year-on-year and 2.19% on monthly basis in August 2021.
Higher transportation costs, reflecting the increased retail price of fuel, had its effect on the country’s consumer price index (CPI) inflation, which shot up 2.95% year-on-year in August 2021, according to the official statistics.
Qatar's cost of living, based on CPI inflation, rose 0.3% month-on-month this August, mainly on higher expenses towards transport and food.
The index of transport, which has a 14.59% weight, was seen shooting up 13.27% year-on-year and 2.19% on monthly basis in August 2021.
The sector has the direct linkage to the dismantling of the administered prices in petrol and diesel as part of the government measures to lower the subsidies.
