9268
Qatar Inflation at 3.5%
World Economy

Qatar Inflation at 3.5%

The inflation in Qatar continued to remain moderate in 2014, thanks in part to lower international food prices, TradeArabia reported. According to the Ministry of Development Planning and Statistics (MDPS), consumer price index (CPI) inflation remained roughly stable at three percent in 2014, from 3.1% the previous year, stated the Qatar National Bank (QNB) in its review. “The key drivers of inflation in 2014 were higher rent inflation offsetting lower international food prices. Going forward, we expect domestic inflation to accelerate, pushing inflation higher to 3.5% in 2015 and 4.4% in 2016,” its stated.

Short URL : http://goo.gl/Oc2Ucn

You can also read ...

Venezuela Devalues Currency by 95 Percent
Venezuela devalued its currency by about 95% ahead of the Aug...
The average annual salary for K–12 public-school teachers is roughly $58,000, and they typically spend a sizable chunk  of that on classroom supplies integral to their jobs
Airbnb, the popular platform that lets people rent out their...
Nigeria CB Reports $91b FX Inflow in 2017
The Central Bank of Nigeria, said the aggregate foreign...
S&P, Moody’s Lower Turkey Ratings
Two major global ratings agencies lowered Turkey’s ratings Aug...
Russia’s largest electronics chain, M. Video, estimates that about a fifth of its products are bought with credit  or on installment plans as people are more confident about the future.
Russian consumers are borrowing like the boom times are back...
Argentina Says Poverty to Rise as Economy Slumps
More Argentines are likely living in poverty now compared with...
Egypt Keeps Rates Steady
Egypt’s central bank left its main interest rates unchanged,...
China Internet Stocks Fumble
A steep downturn in heavyweight Chinese internet stocks and...

Trending

Googleplus