RIYADH: Qatar’s Consumer Price Index reached 110.61 points in April, a monthly decline of 0.74 percent but an annual rise of of 2.62 percent, according to data released by the National Planning Council. The index, which tracks inflation across the economy, covers 12 major commodity groups encompassing 737 goods and services. It is calculated on the basis of 2018 as the reference year, using data derived from the Household Income and Expenditure Survey for 2017–2018. Qatar’s annual inflation of 2.62 percent places it somewhat above its Gulf neighbors for the same period.

JEDDAH: Oman’s consumer prices rose 3.2 percent year on year in April, pointing to a steady but contained rise in inflation, driven mainly by higher costs in essential goods and…

RIYADH: Qatar’s Consumer Price Index reached 110.61 points in April, a monthly decline of 0.74 percent but an annual rise of of 2.62 percent, according to data released by the…