Consumer prices in Qatar dropped 3.12 percent year-on-year in May of 2020, following a 3.06 percent decrease in the previous month. It was the eighth decline in consumer prices, as transport continued to fall (-6.11 percent vs -3.09 percent in April) while prices slowed for food & non-alcoholic beverages (0.15 percent vs 1.21 percent in April) and restaurants & hotels (0.45 percent vs 0.60 percent). On the other hand, the cost dropped at a softer pace for housing & utilities (-3.94 percent vs -4.18 percent) and recreation & culture (-10.77 percent vs -13.71 percent). On a monthly basis, consumer prices fell 0.58 percent, following a 1.33 percent decline in the prior month.

Inflation Rate in Qatar averaged 2.22 percent from 2005 until 2020, 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 July of 2020.

Inflation Rate in Qatar is expected to be 1.90 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 1.70 in 12 months time. In the long-term, the Qatar Inflation Rate is projected to trend around 2.10 percent in 2021 and 2.30 percent in 2022, according to our econometric models.

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Qatar Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-3.12 -3.06 16.59 -9.96 2005 - 2020 percent Monthly
2018=100


Calendar GMT Actual Previous Consensus TEForecast
2020-03-15 04:15 AM Inflation Rate YoY Feb -0.47% -0.41% 0.5%
2020-04-14 01:50 PM Inflation Rate YoY Mar -1.40% -0.47% -0.5%
2020-05-13 12:00 AM Inflation Rate YoY Apr -3.06% -1.40% -1.5%
2020-06-14 12:00 AM Inflation Rate YoY May -3.12% -3.06% -3.5%
2020-07-14 11:00 AM Inflation Rate YoY Jun -3.12% -2.9%
2020-08-18 11:00 AM Inflation Rate YoY Jul
2020-09-18 11:00 AM Inflation Rate YoY Aug
2020-10-18 11:00 AM Inflation Rate YoY Sep 1.9%


News Stream
Qatar Consumer Prices Continue to Fall in May
Consumer prices in Qatar dropped 3.12 percent year-on-year in May of 2020, following a 3.06 percent decrease in the previous month. It was the eighth decline in consumer prices, as transport cost continued to fall (-6.11 percent vs -3.09 percent in April) while prices slowed for food & non-alcoholic beverages (0.15 percent vs 1.21 percent in April) and restaurants & hotels (0.45 percent vs 0.60 percent). On the other hand, prices dropped at a softer pace for housing & utilities (-3.94 percent vs -4.18 percent) and recreation & culture (-10.77 percent vs -13.71 percent). On a monthly basis, consumer prices fell 0.58 percent, following a 1.33 percent decline in the prior month.
2020-06-14
Qatar Consumer Prices Continue to Fall in April
Consumer prices in Qatar decreased 3.06 percent year-on-year in April of 2020, following a 1.40 percent fall in the previous month. It was the seventh straight month of deflation. Prices declined for housing & utilities (-4.18 percent vs -4.14 percent in March); transport (-3.09 percent vs 5.33 percent) and recreation & culture (-13.71 percent vs -13.26 percent). In contrast, food & non-alcoholic prices rose faster (1.21 percent vs 0.44 percent). On a monthly basis, consumer prices went down 1.33 percent following a 0.94 percent fall in the prior month.
2020-05-13
Qatar Consumer Prices Drop for 6th Month
Consumer prices in Qatar decreased 1.4 percent year-on-year in March of 2020, following a 0.47 percent fall in the previous month. It was the sixth straight month of deflation, amid the effects of the Covid-19 virus outbreak. Prices declined further for recreation & culture (-13.26 percent vs -6.80 percent in February); housing & utilities (-4.14 percent vs -3.84 percent) and clothing & footwear (-5.34 percent vs -1.72 percent). In addition, inflation slowed for food & beverages (0.44 percent vs 1 percent) and restaurants & hotels (4.54 percent vs 4.82 percent). Meanwhile, transport prices rose at a faster pace (5.33 percent vs 4.83 percent). On a monthly basis, consumer prices went down 0.94 percent after being flat in the previous month.
2020-04-14
Qatar Consumer Prices Continue to Fall in February
Consumer prices in Qatar dropped 0.47 percent year-on-year in February of 2020, following a 0.41 percent decrease in the previous month. It was the fifth straight decline in consumer prices, as cost slowed for food & non-alcoholic beverages (1.00 percent vs 1.49 percent in January) and restaurants & hotels (4.82 percent vs 4.96 percent). Also, prices continued to fall for housing & utilities (-3.84 percent vs -3.69 percent) and recreation & culture (-6.80 percent vs -4.15 percent). On the other hand, transport cost advanced faster (4.83 percent vs 1.69 percent). On a monthly basis, consumer prices showed no growth, after a 0.9 percent drop in January.
2020-03-15

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.