Qatar: Inflation eases in April
Latest reading: Consumer prices were up 2.6% in annual terms in April, following a 4.2% rise in the previous month, which had been the strongest reading in nearly three years.
Relative to the previous month’s figures, there were higher price pressures for food (+10.4% in annual terms vs +8.7% in March). In contrast, price pressures eased for housing (+1.6% yoy vs +1.8% in March) and transport (-0.5% yoy vs +0.1% in March).
Finally, consumer prices fell 0.74% in April on a month-on-month basis, following a 0.76% rise in the previous month.