New inflation figures for Qatar hint at expensive year for tenants
The cost of living in Qatar remained largely the same from January to February, though increases in housing and other categories suggest that 2015 may be another expensive year for residents who rent their accommodations.
The consumer price index increased a modest 0.1 percent last month compared to January, according to the latest consumer inflation report from the Ministry of Development Planning and Statistics.
This was primarily due to a 0.74-percent monthly rise in the cost of housing, water and electricity, which makes up the largest share of most household’s expenses.
That’s equal to or higher than the comparable increases in 11 of the past 13 months, although a methodology change by the ministry means the figures are not perfectly equivalent.
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Source News: Doha News
Photo: Ariana Zwegers/Flickr
