Annual inflation rate in Qatar edged slightly lower to 4.98% in July of 2022 from 5.41% in June, but remained well above levels of the past decade. Main upward pressure came from cost of recreation and culture (32.4%); housing and utilities (6%); food and beverages (4.2%); restaurants and hotels (2.2%); furniture and household equipment (1.5%); clothing and footwear (0.6%); education (0.3%); and miscellaneous goods and services (0.1%). On the other hand, prices of transport fell slightly (-0.1%) and health cost declined 3.4%. Compared to the previous month, the CPI went up 0.5%. source: Qatar Statistics Authority
Inflation Rate in Qatar averaged 2.07 percent from 2005 until 2022, reaching an all time high of 16.59 percent in June of 2008 and a record low of -9.96 percent in December of 2009. This page provides the latest reported value for - Qatar Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Qatar Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
Inflation Rate in Qatar is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Qatar Inflation Rate is projected to trend around 3.20 percent in 2023 and 3.50 percent in 2024, according to our econometric models.