Qatar's annual inflation accelerated for the fourth straight month to 5.41% in June of 2022, the highest since last December. Main upward pressure came from prices of recreation & culture (36.45% vs 30.78% in May), followed by housing & utilities (5.41% vs 5.03%), food and beverages (4.33% vs 5.85%), miscellaneous goods and services (2.10% vs 3.51%) and transport (1.77% vs 1.63%). On a monthly basis, consumer prices were almost flat, after increasing 1.34% in the previous month. source: Qatar Statistics Authority
Inflation Rate in Qatar averaged 2.05 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 July of 2022.
Inflation Rate in Qatar is expected to be 4.80 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.