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 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 May 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
-0.30 -1.37 16.59 -9.96 2005 - 2021 percent Monthly
2018=100


Calendar GMT Actual Previous Consensus TEForecast
2021-01-13 05:00 AM Dec -3.37% -2.94% -3.1%
2021-02-14 12:00 AM Jan -1.29% -3.37% -2.7%
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 -0.30% 1.1%
2021-06-17 07:00 AM May
2021-07-15 07:00 AM Jun
2021-08-16 07:00 AM Jul


News Stream
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 Consumer Prices Fall the Most in 4 Months
Consumer prices in Qatar dropped 3.4 percent year-on-year in December of 2020, following a 2.9 percent decrease in the prior month. It is the 15th month of deflation, and the steepest decline in prices since August, as prices dropped more for recreation & culture (-21.6 percent vs -20.4 percent in November); housing & utilities (-5.6 percent vs -5 percent) and clothing & footwear (-6.8 percent vs -5.2 percent). Meanwhile, food & beverages prices continued to fall (-0.6 percent vs -1.1 percent). On a monthly basis, consumer prices edged up 0.02 percent, after declining 0.4 percent in the previous month.
2021-01-13
Qatar Consumer Prices Fall for 14th Month
Consumer prices in Qatar fell 2.9 percent year-on-year in November of 2020, following a 2.4 percent decrease in the prior month. It is the 14th month of deflation as prices continued to decline for recreation & culture (-20.4 percent vs -19.7 percent in October); housing & utilities (-5 percent vs -5.5 percent); clothing & footwear (-5.2 percent vs -6.3 percent) and food & beverages (-1.1 percent vs 1.6 percent). On a monthly basis, consumer prices were down 0.4 percent, after decreasing 0.2 percent in the previous month.
2020-12-14

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.