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. Inflation Rate in Qatar averaged 2.35 percent from 2005 until 2019, 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.

Inflation Rate in Qatar is expected to be 1.50 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 2.30 percent in 2020, according to our econometric models.

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Qatar Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-0.33 -0.70 16.59 -9.96 2005 - 2019 percent Monthly
2013=100



Calendar GMT Actual Previous Consensus TEForecast
2019-10-17 03:20 AM Inflation Rate YoY Sep 0.1% 0% 0.5%
2019-11-18 03:00 PM Inflation Rate YoY Oct -0.8% 0.1% 0.4%
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%
2020-02-18 11:00 AM Inflation Rate YoY Jan -0.33% 0.7%


News Stream
2019-11-18
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.

2019-10-17
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.

2019-09-17
Qatar Consumer Prices Unchanged in August
Consumer prices in Qatar showed no growth from a year earlier in August of 2019, after a 0.6 percent fall in the previous month. Cost rebounded for transport (2.3 percent vs -0.4 percent in July) while prices advanced faster for food & beverages (1.9 percent vs 0.6 percent); restaurant & hotels (1.3 percent vs 1.2 percent) and miscellaneous goods & services (4.4 percent vs 2.6 percent). Meantime, prices continued to decrease for housing & utilities (-2.2 percent vs -2.6 percent); recreation & culture (-8.3 percent vs -12 percent) and furniture & household equipment (-0.1 percent, the same as in July). On a monthly basis, consumer prices rose 1.2 percent, recovering from a 0.2 percent decline in July.

2019-08-09
Qatar Consumer Prices Continue to Fall in July
Consumer prices in Qatar dropped 0.6 percent year-on-year in July of 2019, following a 0.4 percent fall in the previous month. It was the tenth straight decline in consumer prices, as cost declined for housing & utilities (-2.6 percent, the same as in June); transport (-0.4 percent vs 1.6 percent); recreation & culture (-12 percent vs -9.4 percent); furniture & household equipment (-0.1 percent vs 1.4 percent) and health (-0.1 percent vs 0.8 percent) while food & beverages prices slowed (0.6 percent vs 1.8 percent). On the other hand, prices advanced faster for restaurants & hotels (1.2 percent vs 0.4 percent) and clothing & footwear (4.7 percent vs 0.3 percent) while cost rebounded for communication (1.3 percent vs -10.5 percent) and miscellaneous goods & services (2.6 percent vs -0.4 percent). In addition, inflation was steady for education (at 9.3 percent). On a monthly basis, consumer prices dropped 0.2 percent, after increasing 0.7 percent in June.

2019-07-16
Qatar Deflation Eases in June
Consumer prices in Qatar decreased 0.4 percent year-on-year in June of 2019, after a 0.7 percent drop in the previous month. It is the ninth monthly decline in consumer prices, as cost continued to fall for housing & utilities (-2.6 percent vs -2.2 percent in May); recreation & culture (-9.4 percent vs -7.3 percent); communication (-10.5 percent, the same as in May) and miscellaneous goods & services (-0.4 percent vs -0.9 percent). On the other hand, prices rebounded for food & beverages (1.8 percent vs -1.3 percent) while inflation was steady for transport (at 1.6 percent); restaurant & hotels (at 0.4 percent) and education (at 9.3 percent). Also, prices went up at a softer pace for furniture & household equipment (1.4 percent vs 1.8 percent); clothing & footwear (0.3 percent vs 0.6 percent) and health (0.8 percent vs 1.6 percent). On a monthly basis, consumer prices advanced 0.7 percent, recovering from a 0.6 percent decrease in May.

2019-06-12
Qatar Consumer Prices Continue to Fall in May
Consumer prices in Qatar dropped 0.7 percent year-on-year in May of 2019, following a 0.4 percent fall in the previous month. It was the eighth straight decline in consumer prices, as cost continued to fall for housing & utilities (-2.2 percent vs -2.7 percent in April); recreation & culture (-7.3 percent vs -5.6 percent) and for food & beverages (-1.3 percent vs -0.7 percent). In addition, prices rose at a softer pace for transport (1.6 percent vs 1.7 percent) and restaurants & hotels (0.4 percent vs 0.5 percent). On the other hand, furniture & household equipment cost advanced faster (1.8 percent vs 1.7 percent). On a monthly basis, consumer prices went down 0.6 percent, after a 0.5 percent rise in April.


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.

Qatar Prices Last Previous Highest Lowest Unit
Inflation Rate -0.33 -0.70 16.59 -9.96 percent [+]
Consumer Price Index CPI 108.26 107.76 109.47 92.30 points [+]
GDP Deflator 75.10 69.40 207.50 69.40 points [+]
Food Inflation 1.00 0.20 5.80 -3.80 percent [+]
Cpi Housing Utilities 103.57 103.95 125.50 93.00 points [+]
CPI Transportation 125.82 124.37 132.18 83.70 points [+]
Inflation Rate Mom 0.46 0.22 1.20 -1.52 percent [+]
Producer Prices 61.40 61.10 104.50 42.30 points [+]
Producer Prices Change -14.00 -22.40 40.20 -44.40 percent [+]