Qatar inflation decreases in June

20 August 2009

Falls in the cost of housing and clothing bring down consumer price index.

Qatar’s inflation fell 0.8 per cent in June compared with May, following big decreases in housing and clothing costs, according to the latest data from the Qatar Statistics Authority.

The consumer price index is now lower than it was in January.

The economy experienced 1.1 per cent deflation between January and February, and 1.5 per cent between February and March.

In June, housing costs dropped 2.2 per cent, while garments and footwear fell 3.5 per cent.

Food and beverage costs fell 0.7 per cent.

Qatar’s inflation has fallen dramatically since a peak of about 17 per cent in 2008.

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