The annual inflation rate in Qatar eased to 0.98% in March 2024, the lowest since March 2021, from 2.7% in the previous month. Prices slowed down for food & beverages (2.7% vs 6.6% in February 2024) and recreation & culture (8.5% vs 16.6%). Moreover, prices deflated at a faster pace for housing & utilities (-2.7% vs -1.7) and transport (-0.9% vs -0.6%), while it deflated at a slower pace for clothing & footwear (-3.6% vs -3.9%) and maintained the same pace of decrease for health (-1.6%). In contrast, prices accelerated for miscellaneous goods & services (0.8% vs 0.6%) and education (3.5% vs 3.2%). On a monthly basis, consumer prices fell by 1.4%, following a 0.34% decrease in the previous month. source: Qatar Statistics Authority
Inflation Rate in Qatar decreased to 0.98 percent in March from 2.70 percent in February of 2024. Inflation Rate in Qatar averaged 2.22 percent from 2005 until 2024, 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 April of 2024.
Inflation Rate in Qatar decreased to 0.98 percent in March from 2.70 percent in February of 2024. Inflation Rate in Qatar is expected to be 3.10 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 3.00 percent in 2025, according to our econometric models.