Consumer prices in Qatar increased by 1.2 percent year-on-year in January 2017, following a 1.8 percent gain in December. It was the lowest inflation rate since January 2016, as prices rose at a slower pace for housing and utilities (+0.6 percent from +1.1 percent in December); and cost of food and non-alcoholic beverages continued to fall (-1.9 percent from -3.2 percent). On a monthly basis, consumer prices were flat. Inflation Rate in Qatar averaged 3.36 percent from 2005 until 2016, 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.
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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. 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 – actual data, historical chart and calendar of releases – was last updated on February of 2017.