Rents rise; cars become cheaper
DOHA: Prices have begun rising again, albeit marginally, after a year of deflation which saw the living costs slide considerably mainly due to falling house rents.
Figures released by Qatar Statistics Authority (QSA) for February this year show that house rents rose by a slight 0.2 percent in the month. The last increase in rentals was recorded in May 2009.
Likewise, fresh fruits and meat became expensive, but automobile prices dropped 1.7 percent. The monthly Consumer Price Index (CPI) for the month increased too, albeit by a negligible 0.1 percent, punctuating a year of deflation.
Prices were down 4.6 percent in the month of February as compared to a year ago, QSA said. In January prices had fallen 0.2 percent.
The CPI is a measure of the general price level of goods and services consumed by average households in the country.
QSA said the index had been going downwards since the beginning of 2009 due mainly to falling rent prices following a period of high inflation the previous year (2008).
밊ebruary saw the levelling off of those rent price decreases, QSA said. It added that food prices rose 0.5 percent in the month (February) as fresh fruits and meat became expensive. Car prices, on the other hand, came down 1.7 percent.
http://www.thepeninsulaqatar.com/Display_news.asp?section=Local_News&sub...
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nothing is cheap nowadays.
If its cheap, banks are there to dash your dreams.
al wakra is still cheap and a good place to stay...
how i wish, qatar would agree to an RV, i would love to have one and surely cheaper than any aprtment rent. and plus with RV you can choose a place to stay..lol
CHOH RAH MOH
Well thats the only thing thta is getting cheaper.. Even QDC have special offers at the moment, where as soft tricks and increasED 50% BEER actually is reduced..:)
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Can We Fix It?
Yes We Can!
most of the families leave during schools summer vacations... They use to sell out their cars... by which the market becomes lower... & it rises again in the month of Sept - October... the best time to purchase the car is in may or june...!
...Life would become Dull if there were no such Difficulties...
hahaha!Cheers!
Good idea...Nissan Armada would be my choice then...its almost like one B/R apartment on wheels...:)________________________________________
One life to live, live it to the fullest.
Good Idea nicaq25.. plus beer is chear now..:) so save water and drink beer
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Can We Fix It?
Yes We Can!
leave the house and live in the car???