Doha:The Consumer Price Index (CPI) in Qatar reached 102.78 points in July 2026, marking a 0.71 percent increase from June 2026, using 2024 as the new base year.
According to Qatar News Agency, the National Planning Council announced the release of this data with an updated CPI methodology. This update is part of the Council's efforts to enhance the quality and reliability of price statistics, aligning with international best practices.
The CPI now uses 2024 as the base year, replacing the previous 2018 base year. The updated methodology incorporates the 2018 Classification of Individual Consumption According to Purpose (COICOP 2018) and a revised basket of goods and services. It also includes updated expenditure weights based on the 2023/2024 Household Income and Expenditure Survey. These changes aim to better capture current household spending patterns and provide a more accurate measure of price movements.
The National Planning Council emphasized that Qatar continues to show economic resilience despite regional conditions affecting global supply chains and trade routes, which have led to higher transportation and insurance costs. The CPI for July 2026 reflects relative stability in overall price levels despite these challenges.
On a monthly basis, the CPI saw declines in the Housing, Water, Electricity, Gas and Other Fuels group by 0.64 percent, Clothing and Footwear by 0.39 percent, and Information and Communication by 0.19 percent. Meanwhile, prices in the Tobacco and Beverages group and the Insurance and Financial Services group remained unchanged. Eight CPI groups recorded increases, with Recreation, Sport and Culture showing the highest rise at 9.15 percent, followed by Restaurants and Accommodation Services at 1.35 percent, and Health at 1.23 percent.
Excluding the Housing, Water, Electricity, Gas and Other Fuels group, the CPI stood at 104.66 points in July 2026, indicating a 1.22 percent increase compared to June 2026.