Consumer prices in Qatar fell by 1.3 percent year-on-year in January of 2021, after a 3.4 percent decline in December 2020. It is the 16th month of deflation, but the smallest decrease in prices since February last year, mainly due to a softer drop in prices of housing & utilities (-5.5 percent vs -5.6 percent in December), recreation & culture (-16.9 percent vs -21.6 percent in December). Meanwhile, clothing & footwear prices continued to fall (-6.9 percent vs -6.8 percent). In addition, food & beverages prices rebounded (0.5 percent vs -0.6 percent). On a monthly basis, consumer prices were up 1.2 percent, after increasing by 0.2 percent in the previous month. source: Qatar Statistics Authority

Inflation Rate in Qatar averaged 1.92 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 February of 2021.

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 2.50 in 12 months time. In the long-term, the Qatar Inflation Rate is projected to trend around 3.00 percent in 2022, according to our econometric models.

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Qatar Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-1.29 -3.37 16.59 -9.96 2005 - 2021 percent Monthly
2018=100


Calendar GMT Actual Previous Consensus TEForecast
2020-11-12 07:50 AM Inflation Rate YoY Oct -2.39% -2.97% -8.5%
2020-12-14 05:10 AM Inflation Rate YoY Nov -2.94% -2.39% -2.9%
2021-01-13 05:00 AM Inflation Rate YoY Dec -3.37% -2.94% -3.1%
2021-02-14 12:00 AM Inflation Rate YoY Jan -1.29% -3.37% -2.7%
2021-03-18 07:00 AM Inflation Rate YoY Feb -1.29% -2.1%
2021-04-16 07:00 AM Inflation Rate YoY Mar
2021-05-17 07:00 AM Inflation Rate YoY Apr
2021-06-17 07:00 AM Inflation Rate YoY May


News Stream
Qatar Consumer Prices Drop the Least in 11 Months
Consumer prices in Qatar fell by 1.3 percent year-on-year in January of 2021, after a 3.4 percent decline in December 2020. It is the 16th month of deflation, but the smallest decrease in prices since February last year, mainly due to a softer drop in prices of housing & utilities (-5.5 percent vs -5.6 percent in December), recreation & culture (-16.9 percent vs -21.6 percent in December). Meanwhile, clothing & footwear prices continued to fall (-6.9 percent vs -6.8 percent). In addition, food & beverages prices rebounded (0.5 percent vs -0.6 percent). On a monthly basis, consumer prices were up 1.2 percent, after increasing by 0.2 percent in the previous month.
2021-02-15
Qatar Consumer Prices Fall the Most in 4 Months
Consumer prices in Qatar dropped 3.4 percent year-on-year in December of 2020, following a 2.9 percent decrease in the prior month. It is the 15th month of deflation, and the steepest decline in prices since August, as prices dropped more for recreation & culture (-21.6 percent vs -20.4 percent in November); housing & utilities (-5.6 percent vs -5 percent) and clothing & footwear (-6.8 percent vs -5.2 percent). Meanwhile, food & beverages prices continued to fall (-0.6 percent vs -1.1 percent). On a monthly basis, consumer prices edged up 0.02 percent, after declining 0.4 percent in the previous month.
2021-01-13
Qatar Consumer Prices Fall for 14th Month
Consumer prices in Qatar fell 2.9 percent year-on-year in November of 2020, following a 2.4 percent decrease in the prior month. It is the 14th month of deflation as prices continued to decline for recreation & culture (-20.4 percent vs -19.7 percent in October); housing & utilities (-5 percent vs -5.5 percent); clothing & footwear (-5.2 percent vs -6.3 percent) and food & beverages (-1.1 percent vs 1.6 percent). On a monthly basis, consumer prices were down 0.4 percent, after decreasing 0.2 percent in the previous month.
2020-12-14
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 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.