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 08:16 2017 Saturday ,03 June
Singer Saad Lamjarred confident of his innocence
GMT 11:51 2018 Wednesday ,17 January
PM inaugurates NIC, terms facility milestone in facilitating youth
GMT 17:37 2017 Tuesday ,14 March
Syria government says Turkey breaks commitments as rebels boycott talks
GMT 19:45 2017 Saturday ,09 December
'National homage' to French rocker Johnny Hallyday
GMT 13:23 2017 Tuesday ,18 April
Sophisticated Classic Dining Room Design Ideas
GMT 11:22 2017 Monday ,23 January
US pop star defends explosive anti-Trump speech
GMT 05:05 2017 Tuesday ,16 May
Daring Kidman is the queen of Cannes
GMT 21:33 2016 Monday ,31 October
South Korea, US hold joint amphibious drill amid N. Korean threats
GMT 02:58 2017 Tuesday ,04 July
US-backed forces in Syria breach wall surrounding Old City of Raqa: US
GMT 06:28 2017 Thursday ,02 November
Timeline of major jihadist attacks in the US
GMT 03:35 2017 Saturday ,22 April
South Korea complains to WTO over China's response to THAAD
GMT 11:01 2017 Tuesday ,31 January
Saudi 'Paul McCartney' in rare concert
GMT 09:36 2017 Saturday ,04 November
Al Naqash aspires to win final
GMT 17:46 2017 Monday ,17 April
Jordanian King issues 7th Discussion Paper
GMT 13:23 2018 Thursday ,13 December
Philippine central bank holds overnight borrowing rate steady
GMT 21:03 2013 Friday ,04 October
Norilsk Nickel to shed non-Russian assets
GMT 08:35 2016 Tuesday ,16 February
Thousands march in Brussels against cheap Chinese steel imports
GMT 07:58 2017 Friday ,31 March
President Al-Bashir Meets Somali President on Sidelines of Arab Summit
GMT 08:47 2018 Tuesday ,09 January
Hariri receives phone call from Cypriot President
GMT 08:37 2017 Saturday ,16 December
Bahrain embassy in Kuwait marks national days
GMT 17:29 2017 Friday ,15 December
Conference on child abuse opens in Dubai
GMT 19:48 2017 Friday ,24 February
Morocco, Zambia Strengthen Bonds of Friendship and Cooperation
GMT 03:58 2016 Friday ,09 September
Total number of Zika infections in Singapore increases to 292
GMT 10:10 2017 Thursday ,16 March
Guides Sri Lanka to 338 in Bangladesh Test
GMT 04:51 2017 Tuesday ,12 December
UN seeks urgent resettlement ofGMT 16:03 2011 Tuesday ,21 June
Cadbury was not racist when it compared Campbell to chocolate bar
GMT 11:27 2017 Monday ,11 December
Dubai budget foresees $15.5 bn
GMT 21:00 2017 Sunday ,16 April
World Bank delegation inspects social housing project in Badr city
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