Consumer prices in Qatar fell 2.4 percent year-on-year in October of 2020, following a 3 percent slump in the prior month. It was the softest decrease in consumer prices since March, but prices continued to fall for recreation & culture (-19.7 percent vs -21 percent in September); housing & utilities (-5.5 percent vs -4.7 percent) and clothing & footwear (-6.3 percent vs -4.3 percent). In contrast, costs rebounded for transport (2.4 percent vs -0.1 percent) and food & beverages (1.6 percent vs -0.3 percent). On a monthly basis, consumer prices were down 0.2 percent, after increasing 0.3 percent in the prior month. source: Qatar Statistics Authority

Inflation Rate in Qatar averaged 2.02 percent from 2005 until 2020, 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 November of 2020.

Inflation Rate in Qatar is expected to be -5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Qatar to stand at 8.30 in 12 months time. In the long-term, the Qatar Inflation Rate is projected to trend around 5.50 percent in 2021 and 3.00 percent in 2022, according to our econometric models.

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Qatar Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-2.39 -2.97 16.59 -9.96 2005 - 2020 percent Monthly
2018=100


Calendar GMT Actual Previous Consensus TEForecast
2020-08-16 06:00 AM Inflation Rate YoY Jul -3.41% -3.41% -3.5%
2020-09-14 05:30 AM Inflation Rate YoY Aug -4.05% -3.41% -3.1%
2020-10-14 09:30 AM Inflation Rate YoY Sep -2.97% -4.05% -9.2%
2020-11-12 07:50 AM Inflation Rate YoY Oct -2.39% -2.97% -8.5%
2020-12-18 11:00 AM Inflation Rate YoY Nov -2.39% -7.9%
2021-01-14 08:00 AM Inflation Rate YoY Dec
2021-02-25 07:20 AM Inflation Rate YoY Jan
2021-03-15 04:15 AM Inflation Rate YoY Feb


News Stream
Qatar Deflation Slows in October
Consumer prices in Qatar fell 2.4 percent year-on-year in October of 2020, following a 3 percent slump in the prior month. It was the softest decrease in consumer prices since March, but prices continued to fall for recreation & culture (-19.7 percent vs -21 percent in September); housing & utilities (-5.5 percent vs -4.7 percent) and clothing & footwear (-6.3 percent vs -4.3 percent). In contrast, costs rebounded for transport (2.4 percent vs -0.1 percent) and food & beverages (1.6 percent vs -0.3 percent). On a monthly basis, consumer prices were down 0.2 percent, after increasing 0.3 percent in the prior month.
2020-11-12
Qatar Deflation Softens in September
Consumer prices in Qatar fell 2.97 percent year-on-year in September of 2020, following a 4.05 percent slump in the prior month. It was the softest decrease in consumer prices in the current twelve-month sequence of drops, as consumer demand gradually recovers with the phased easing of COVID-19 restrictions. Prices fell at a slower pace for housing & utilities (-4.75 percent vs -4.91 percent in August); transport (-0.13 percent vs -6.73 percent); recreation & culture (-20.98 percent vs -22.70 percent) and clothing & footwear (-4.25 percent vs -4.26 percent). Meantime, inflation edged higher for restaurants & hotels (4.43 percent vs 4.29 percent) and remained sharp for tobacco (at 8.37 percent). However, food and beverage cost dropped (-0.27 percent vs 0.20 percent). On a monthly basis, consumer prices were up 0.27 percent, following a 0.48 percent increase in the previous month.
2020-10-14
Qatar Consumer Prices Fall the Most in 10-1/2 Years
Consumer prices in Qatar fell 4.05 percent year-on-year in August of 2020, the most since March 2010 following a 3.41 percent decline in the previous month. It was the eleventh straight month of deflation as prices continued to fall for housing & utilities (-4.91 percent vs -4.86 percent in July); transport (-6.73 percent vs -2.94 percent) and recreation & culture (-22.70 percent vs -21.23 percent). Prices continued to decline for clothing and footwear (-4.26 percent vs -4.37 percent); communication (-0.81 percent, the same pace as in July). Meantime, cost rose faster for furniture and household equipment (1.48 percent vs 1.26 percent) while that of food & non-alcoholic beverages rebounded (0.20 percent vs -0.27 percent in July). On the other hand, restaurants & hotels inflation was steady (at 4.29 percent). On a monthly basis, consumer prices were up 0.48 percent, following a 0.23 percent decrease in the prior month.
2020-09-14
Qatar Consumer Prices Drop the Most Since 2010
Consumer prices in Qatar fell 3.41 percent year-on-year in June of 2020, following a 3.12 percent decline in the previous month. It was the ninth straight month of decrease in consumer prices, and the steepest decline since March 2010, as prices of food & non-alcoholic beverages dropped (-0.70 percent vs 0.15 percent in May) while that of recreation & culture fell more (-16.17 percent vs -10.77 percent). Prices continued to decline for housing & utilities (-3.62 percent vs -3.94 percent); transport (-4.56 percent vs -6.11 percent); clothing and footwear (-4.85 percent vs -5.58 percent); communication (-3.26 percent vs -3.26 percent), and furniture and household equipment (-0.39 percent vs -0.69 percent). In addition, restaurants & hotels inflation eased (0.35 percent vs 0.45 percent). On a monthly basis, consumer prices were up 0.26 percent, following a 0.58 percent decrease in the prior month.
2020-07-15

Qatar Inflation Rate
In Qatar, the main components of the Consumer Price Index (CPI) are: rent, fuel and energy (21.9 percent), transport and communication (14.6 percent), entertainment, recreation and culture (12.7 percent) and food, beverages and tobacco (12.58 percent). The index also includes: furniture, textiles and home appliances (7.7 percent), restaurants and hotels (6.1 percent), communication (5.9 percent), education (5.75 percent) miscellaneous goods and services (5.7 percent) and clothing and footwear (5.1 percent). The national index has a base of 100 as of 2013.