Mubasher: Qatar's inflation rate grew 0.60% year-on-year in the first quarter of 2018, according to an official statement by the Ministry of Development Planning and Statistics (MDPS) released on Tuesday.
Inflation of the world's richest country per capita registered 109 points in the first three months of 2018, compared to 108.40 points in Q1-17.
This increase was ascribed to price increases in seven main sectors, the ministry noted.
The transportation sector’s prices rose 8% in January to March, followed by the health and food and beverages’ prices, which levelled up 5.30% and 4.30%, respectively.
Meanwhile, prices declined in four sectors – among them housing, water, electricity, gas, and other fuels – whose prices dropped 5.70% in the first three months of 2018, MDPS’s data showed.
On a quarterly basis, the Persian Gulf nation’s inflation jumped 0.20% in Q1-18, against 108.8 points in Q4-17.
