Qatar deflation deepens as real estate market weakens
Qatar deflation deepens as real estate market weakens
Dubai - Arab Today
Qatar’s consumer price deflation deepened in September as a downturn in the real estate market deepened because of economic sanctions imposed by other Arab states, official data showed on Saturday.
Consumer prices fell 0.5 percent from a year earlier last month, after a 0.4 percent drop in August that was the first fall since at least early 2015, when the current data series began.
Housing and utility prices sank 4.7 percent from a year ago in September, their biggest drop for at least several years, and fell 0.7 percent from the previous month. In August, prices had slipped 4.0 percent from a year earlier.
Downtrend in housing prices
Housing prices were already in a downtrend before June, when Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic and transport ties with Qatar, accusing it of supporting terrorism.
But the sanctions have contributed to the slide by hurting investor sentiment and tightening liquidity in the banking system.
Food and beverage prices rose 3.6 percent from a year earlier in September.
- Thursday ,20 September GMT 19:33 2018 Pakistan, UAE leadership discuss strengthening economic cooperation
GMT 19:33 2018 Thursday ,20 September
Pakistan, UAE leadership discuss strengthening economic cooperationGMT 20:36 2018 Friday ,19 January
The Founder’s Memorial to be inaugurated 22nd JanuaryGMT 16:18 2018 Wednesday ,03 January
Norway suspends arms exports to UAE over Yemen warGMT 23:48 2017 Wednesday ,27 December
UAE donates funds to Autism CanadaGMT 16:44 2017 Monday ,25 December
DFM welcomes listing of AWTAD on "Second Market"
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 17:54 2017 Sunday ,17 December
Syrian regime prevents return of Palestinian refugees to Yarmouk camp
GMT 19:48 2016 Saturday ,16 April
France's Hollande arrives in Lebanon at start of Middle East tour
GMT 11:43 2017 Thursday ,25 May
Actress Afaf Shoeib reveals reason behind withdrawal from “Harem Al Sultana”
GMT 09:08 2017 Monday ,06 February
Barca win, Sevilla drop points as Real Madrid game stopped by weather
GMT 12:34 2017 Saturday ,14 October
Trump puts America first, but more and more alone
GMT 04:52 2017 Sunday ,12 February
Piers Morgan, J.K. Rowling in Twitter fight over politics
GMT 02:13 2017 Sunday ,05 March
Benzema on fire as Madrid win in Eibar
GMT 02:35 2017 Wednesday ,06 September
Experts establish key priorities to tackle the ‘forgotten heart failure disease’ in Lebanon
GMT 17:31 2017 Saturday ,05 August
Two former Thai PMs acquitted over 2008 protest deaths
GMT 09:26 2017 Tuesday ,18 April
Clash between two families in Khaldeh
GMT 05:46 2017 Thursday ,05 October
Catalan leaders defy king over independence
GMT 11:11 2017 Friday ,17 November
UAE led by Khalifa made great strides in building solid base
GMT 14:34 2018 Sunday ,02 December
UN Climate Change Conference opens in Poland
GMT 08:24 2018 Thursday ,15 November
Iraq must act quickly to halt Daesh’s re-emergence
GMT 13:27 2018 Saturday ,27 October
Russian and Pakistani servicemen practice at joint drills
GMT 18:35 2018 Thursday ,25 October
Dazzling Dortmund, Barcelona backbone and Liverpool's fantastic three
GMT 16:21 2018 Thursday ,25 October
West Darfur Government Ministers Sworn-in
GMT 13:50 2018 Monday ,15 October
230 Egyptians return home from Libya
GMT 04:38 2018 Wednesday ,03 October
Diplomat chides remarks by US NATO envoy on plans to destroy Russian missiles
GMT 17:25 2018 Tuesday ,02 October
North Korea says peace declaration not a bargaining chip
GMT 23:02 2018 Friday ,14 September
Rescues needed in Hurricane Florence's heavy rains
GMT 16:52 2018 Sunday ,02 September
Bahrain Art Week in Paris announced
GMT 09:08 2017 Wednesday ,08 March
Libya slips into further chaos as Haftar’s army pounds militias at oilports
GMT 16:47 2017 Tuesday ,21 February
Koman Stresses Importance of Respecting Human Rights during Conflicts and Security Crises
GMT 15:46 2013 Tuesday ,30 July
Anastasia Kuznetsova to walk Lakmé Fashion Week 2013
GMT 07:54 2017 Monday ,06 February
Quebec Terror Attack: Mortal Remains of Moroccan National Repatriated
GMT 10:27 2018 Tuesday ,23 January
Baabda meeting showed flaws in salary scale and tax bills
GMT 15:43 2018 Sunday ,21 January
UAE has enhanced its international stature in sustainable development
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor