Publication Date:
Sun, 2011-05-01 19:35
Consumer prices were flat month-on-month in March after a 0.3 percent increase in February as a decline in housing costs helped offset a rise in food prices, data from Qatar’s Statistics Authority showed.
The world’s top liquefied natural gas exporter returned to annual inflation last December after a protracted period of deflation as its economy powers ahead at a double-digit clip.
Qatar plans to spend over $125 billion in the next five years on construction and energy projects and the Opec member’s economy should keep growing strongly.
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