The annual inflation rate in Qatar increased to 2.47 percent in May of 2021 from 1.02 percent in the previous month. It was the second straight month of inflation and the highest level since September 2016, due to a rebound sharply in prices of both food & beverages (3.46% vs -0.4% in April) and recreation & culture (2.28% vs -7.83%), while miscellaneous goods & services prices increased faster (3.93% vs 3.57%). Meantime, prices advanced further for transport (13.15% vs 13.4%), furniture & household equipment (3.27% vs 3.29%), restaurant & hotels (5.60% vs 6.55%), education (3.72% vs 3.79%) and communication (4.03% vs 4.03%). In contrast, prices dropped for housing & utilities (-6.17% vs -5.81%), clothing & footwear (-3.31% vs -5.75%). On a monthly basis, consumer prices were up 0.83 percent, the most in 4 months, accelerating from a 0.06 percent rise in April. source: Qatar Statistics Authority

Inflation Rate in Qatar averaged 1.86 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 June of 2021.

Inflation Rate in Qatar is expected to be 1.60 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 1.40 in 12 months time. 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

Actual Previous Highest Lowest Dates Unit Frequency
2.47 1.02 16.59 -9.96 2005 - 2021 percent Monthly
2018=100


Calendar GMT Actual Previous Consensus TEForecast
2021-03-14 09:20 AM Feb -1.37% -1.29% -0.5%
2021-04-14 07:40 AM Mar -0.30% -1.37% 1.1%
2021-05-17 07:00 AM Apr 1% -0.30% 1.1%
2021-06-14 06:00 AM May 2.47% 1% 2%
2021-07-15 07:00 AM Jun 2.47%
2021-08-16 07:00 AM Jul
2021-09-14 07:00 AM Aug
2021-10-14 07:00 AM Sep


News Stream
Qatar Inflation Rate at Over 4-1/2-Year High
The annual inflation rate in Qatar increased to 2.47 percent in May of 2021 from 1.02 percent in the previous month. It was the second straight month of inflation and the highest level since September 2016, due to a rebound sharply in prices of both food & beverages (3.46% vs -0.4% in April) and recreation & culture (2.28% vs -7.83%), while miscellaneous goods & services prices increased faster (3.93% vs 3.57%). Meantime, prices advanced further for transport (13.15% vs 13.4%), furniture & household equipment (3.27% vs 3.29%), restaurant & hotels (5.60% vs 6.55%), education (3.72% vs 3.79%) and communication (4.03% vs 4.03%). In contrast, prices dropped for housing & utilities (-6.17% vs -5.81%), clothing & footwear (-3.31% vs -5.75%). On a monthly basis, consumer prices were up 0.83 percent, the most in 4 months, accelerating from a 0.06 percent rise in April.
2021-06-14
Qatar Consumer Prices Rise for 1st Time since 2019
Consumer prices in Qatar rose 1.02 percent year-on-year in April of 2021, rebounding from a 0.3 percent drop in the previous month. It was the first increase in consumer prices since September 2019, with upward pressure coming from transport (13.4 percent), furniture & household equipment (3.29 percent), restaurant & hotels (6.55 percent), miscellaneous goods & services (3.57 percent), education (3.79 percent) and communication (4.03 percent). Meantime, prices fell for food & beverages (-0.4 percent), housing & utilities (-5.81 percent), clothing & footwear (-5.75 percent) and recreation & culture (-7.83 percent). On a monthly basis, consumer prices edged up 0.06 percent, following a 0.2 percent gain in March.
2021-05-17
Qatar Consumer Prices Fall at Faster Pace
Consumer prices in Qatar dropped by 1.4 percent year-on-year in February of 2021, after a 1.3 percent fall in the previous month. It is the 17th month of deflation, mainly due to a faster decline in prices of housing & utilities (-5.8 percent vs -5.5 percent in January), clothing & footwear (-8.9 percent vs -6.9 percent). Meanwhile, prices of recreation & culture continued to fall (-13.9 percent vs -16.9 percent in January). In addition, transport prices increased less (4.4 percent vs 6.1 percent). On the other hand, food & beverages inflation was steady (at 0.5 percent). On a monthly basis, consumer prices edged down 0.1 percent, the first monthly decrease in 3 months, reversing from a 1.2 percent rise in the previous month.
2021-03-14
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 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.