Consumer prices in Qatar dropped 0.47 percent year-on-year in February of 2020, following a 0.41 percent decrease in the previous month. It was the fifth straight decline in consumer prices, as cost slowed for food & non-alcoholic beverages (1.00 percent vs 1.49 percent in January) and restaurants & hotels (4.82 percent vs 4.96 percent). Also, prices continued to fall for housing & utilities (-3.84 percent vs -3.69 percent) and recreation & culture (-6.80 percent vs -4.15 percent). On the other hand, transport cost advanced faster (4.83 percent vs 1.69 percent). On a monthly basis, consumer prices showed no growth, after a 0.9 percent drop in January.

Inflation Rate in Qatar averaged 2.33 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 March of 2020.

Inflation Rate in Qatar is expected to be -0.50 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 2.00 in 12 months time. In the long-term, the Qatar Inflation Rate is projected to trend around 2.10 percent in 2021 and 2.30 percent in 2022, according to our econometric models.

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Qatar Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-0.47 -0.41 16.59 -9.96 2005 - 2020 percent Monthly
2018=100


Calendar GMT Actual Previous Consensus TEForecast
2019-12-15 08:25 AM Inflation Rate YoY Nov -0.7% -0.8% -0.5%
2020-01-14 08:00 AM Inflation Rate YoY Dec -0.33% -0.7% -0.6%
2020-02-25 07:20 AM Inflation Rate YoY Jan -0.41% -0.33% 0.7%
2020-03-15 04:15 AM Inflation Rate YoY Feb -0.47% -0.41% 0.5%
2020-04-18 11:00 AM Inflation Rate YoY Mar -0.47% -0.5%
2020-05-18 11:00 AM Inflation Rate YoY Apr
2020-06-18 11:00 AM Inflation Rate YoY May
2020-07-18 11:00 AM Inflation Rate YoY Jun 1.7%


News Stream
Qatar Consumer Prices Continue to Fall in February
Consumer prices in Qatar dropped 0.47 percent year-on-year in February of 2020, following a 0.41 percent decrease in the previous month. It was the fifth straight decline in consumer prices, as cost slowed for food & non-alcoholic beverages (1.00 percent vs 1.49 percent in January) and restaurants & hotels (4.82 percent vs 4.96 percent). Also, prices continued to fall for housing & utilities (-3.84 percent vs -3.69 percent) and recreation & culture (-6.80 percent vs -4.15 percent). On the other hand, transport cost advanced faster (4.83 percent vs 1.69 percent). On a monthly basis, consumer prices showed no growth, after a 0.9 percent drop in January.
2020-03-15
Qatar Consumer Prices Continue to Fall in December
Consumer prices in Qatar dropped 0.33 percent year-on-year in December of 2019, following a 0.69 percent decrease in the previous month. It was the third straight decline in consumer prices although at a softer pace, as recreation & culture cost decreased less (-2.89 percent vs -3.80 percent in November) while prices advanced faster for food & beverages (0.98 percent vs 0.16 percent) and restaurants & hotels (1.74 percent vs 1.27 percent). In addition, clothing & footwear prices rebounded (3.05 percent vs -4.18 percent). In contrast, cost continued to fall for housing & utilities (-2.61 percent vs -2.28 percent in November) and transport (-2.17 percent vs -1.64 percent). On a monthly basis, consumer prices increased 0.46 percent, after a 0.22 percent rise in the previous month.
2020-01-14
Qatar Consumer Prices Fall in October
Consumer prices in Qatar dropped 0.8 percent year-on-year in October of 2019, after a 0.1 percent rise in the previous month. Prices dropped for transport (-2.0 percent vs -0.2 percent in September); recreation & culture (-3.8 percent vs -1.8 percent) and food & beverages (-1.1 percent vs 1.0 percent) while miscellaneous goods & services cost slowed (3.4 percent vs 4.4 percent). In contrast, housing & utilities cost decreased at a softer pace (-1.9 percent vs -2.1 percent) while furniture & household equipment cost rebounded (0.1 percent vs -0.1 percent). On a monthly basis, consumer prices fell 0.8 percent, the same as in the previous month.
2019-11-18
Qatar Consumer Prices Rise for 1st Time in 13 Months
Consumer prices in Qatar edged up 0.1 percent from a year earlier in September of 2019, after a flat reading in the previous month. This was the first increase in consumer prices since August last year, as restaurant & hotels cost rose faster (1.4 percent vs 1.3 percent in August) while prices fell less for housing & utilities (-2.1 percent vs -2.2 percent); recreation & culture (-1.8 percent vs -8.3 percent), and furniture & household equipment (-0.04 percent vs -0.1 percent). Meanwhile, food & non-alcoholic beverages cost went up at a softer pace (1.0 percent vs 1.9 percent) while miscellaneous goods & services inflation was steady (at 4.4 percent). In addition, transport prices dropped (-0.2 percent vs 2.3 percent). On a monthly basis, consumer prices fell 0.75 percent, reversing from a 1.2 percent gain in August.
2019-10-17

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.