The annual inflation rate in Qatar increased to 4.28% in October of 2021 from 2.71% in the previous month. It was the highest rate since December 2008, due to a faster rise in prices of transport (9.56% vs 9.36% in September), food & beverages (4.17% vs 4.14%), recreation & culture (25.31% vs 13.55%), miscellaneous goods & services (2.69% vs 2.19%), and restaurant & hotels (2.24% vs 0.98%), while those of clothing & footwear rebounded (0.91% vs -1.21%). In addition, prices of housing & utilities dropped less (-3.58% vs -4.76%). On a monthly basis, consumer prices were up 1.34%, the most since the series began in 2009, accelerating from a 0.03% rise in September. source: Qatar Statistics Authority

Inflation Rate in Qatar averaged 1.89 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 November of 2021.

Inflation Rate in Qatar is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Qatar Inflation Rate is projected to trend around 2.00 percent in 2022, according to our econometric models.

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Qatar Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-13 09:25 AM Sep 2.71% 2.95% 3.1%
2021-11-15 07:00 AM Oct 4.28% 2.71% 3.1%
2021-12-18 07:00 AM Nov 4.28%


Related Last Previous Unit Reference
Inflation Rate 4.28 2.71 percent Oct/21
Consumer Price Index CPI 100.41 99.06 points Oct/21
GDP Deflator 75.10 69.40 points Dec/17
Food Inflation 4.17 4.14 percent Oct/21
CPI Transportation 109.46 109.40 points Oct/21
CPI Housing Utilities 87.75 87.38 points Oct/21
Inflation Rate Mom 1.34 0.03 percent Oct/21
Producer Prices Change 87.20 84.60 percent Sep/21
Producer Prices 87.20 75.50 points Sep/21

News Stream
Qatar Inflation Rate Highest Since 2008
The annual inflation rate in Qatar increased to 4.28% in October of 2021 from 2.71% in the previous month. It was the highest rate since December 2008, due to a faster rise in prices of transport (9.56% vs 9.36% in September), food & beverages (4.17% vs 4.14%), recreation & culture (25.31% vs 13.55%), miscellaneous goods & services (2.69% vs 2.19%), and restaurant & hotels (2.24% vs 0.98%), while those of clothing & footwear rebounded (0.91% vs -1.21%). In addition, prices of housing & utilities dropped less (-3.58% vs -4.76%). On a monthly basis, consumer prices were up 1.34%, the most since the series began in 2009, accelerating from a 0.03% rise in September.
2021-11-15
Qatar Inflation Rate Continues to Slow in September
The annual inflation rate in Qatar eased to 2.71% in September of 2021 from 2.95% in the previous month. It was the lowest rate since June, mostly due to a slowdown in prices of transport (9.36% vs 13.27% in August), recreation & culture (13.35% vs 15.88%), and restaurant & hotels (0.98% vs 1.18%). At the same time, prices fell for housing & utilities (-4.76%, the same pace as in July) and clothing & footwear (-1.21% vs -2.41%). On the other hand, inflation accelerated sharply for food & beverages (4.14% vs 1.33%) and miscellaneous goods & services (2.19% vs 0.99%). On a monthly basis, consumer prices were almost flat, after a 0.3% rise in August.
2021-10-13
Qatar Inflation Rate Eases to 2.95% in August
The annual inflation rate in Qatar declined to 2.95% in August of 2021 from 3.13% in the previous month, as food & beverages inflation eased to a four-month low of 1.33% from 2.58%. Also, prices rose softer for miscellaneous goods & services (0.99% vs 3.16% in July), communication (0.65% vs 0.91%) and furniture & household equipment (2.36% vs 2.63%). Meanwhile, transport prices continued to increase (13.27% vs 10.11%). In addition, deflation accelerated for housing & utilities (-4.76% vs -5.24%), clothing & footwear (-2.41% vs -1.77%). On a monthly basis, consumer prices advanced 0.30%, easing from a 0.90% rise in the prior month.
2021-09-14

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.