The annual inflation rate in Qatar declined to 2.95% in August of 2021 from 3.13% in the previous month, as food & beverages inflation eased to a four-month low of 1.33% from 2.58%. Also, prices rose softer for miscellaneous goods & services (0.99% vs 3.16% in July), communication (0.65% vs 0.91%) and furniture & household equipment (2.36% vs 2.63%). Meanwhile, transport prices continued to increase (13.27% vs 10.11%). In addition, deflation accelerated for housing & utilities (-4.76% vs -5.24%), clothing & footwear (-2.41% vs -1.77%). On a monthly basis, consumer prices advanced 0.30%, easing from a 0.90% rise in the prior month. source: Qatar Statistics Authority
Inflation Rate in Qatar averaged 1.87 percent from 2005 until 2021, 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 September of 2021.
Inflation Rate in Qatar is expected to be 2.50 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 2.00 percent in 2022, according to our econometric models.