Consumer prices in Qatar fell by 0.3 percent year-on-year in March of 2021, after a 1.4 percent decline in the previous month. It was the smallest decrease in prices since September of 2019, as recreation & culture prices dropped at a softer pace (-9.2 percent vs -13.9 percent in February) while housing & utilities inflation was steady (at -5.8 percent). Meanwhile, food & beverages prices went down (-0.1 percent vs 0.5 percent). On a monthly basis, consumer prices were up 0.2 percent, after decreasing by 0.1 percent in the previous month. source: Qatar Statistics Authority
Inflation Rate Mom in Qatar averaged 0.05 percent from 2009 until 2021, reaching an all time high of 1.23 percent in January of 2021 and a record low of -1.52 percent in March of 2009. This page provides the latest reported value for - Qatar Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Qatar Inflation Rate MoM - values, historical data and charts - was last updated on May of 2021.
Inflation Rate Mom 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 Mom in Qatar to stand at 0.50 in 12 months time. In the long-term, the Qatar Inflation Rate MoM is projected to trend around 0.50 percent in 2022, according to our econometric models.