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 09:40 2016 Saturday ,30 July
Turkey remands 17 journalists in custody over links to Gulen
GMT 10:26 2016 Saturday ,30 July
Facebook to challenge US bill for back taxes
GMT 23:52 2017 Tuesday ,28 February
Google honours Edhi, asks all to ‘lend a hand to someone in need’
GMT 18:17 2017 Friday ,21 April
Indian navy test-fires land-attack Brahmos missile
GMT 15:55 2016 Wednesday ,06 January
Netflix and DreamWorks expand partnership globally
GMT 01:03 2017 Thursday ,28 December
Obama warns of social media dangers, in interview
GMT 10:46 2016 Wednesday ,17 August
EU mulls stricter controls on WhatsApp, Skype
GMT 23:31 2017 Wednesday ,28 June
China media warn new Greek government over port
GMT 02:27 2017 Tuesday ,11 July
Jordan condemns breaking into al-Aqsa mosque by israeli settlers
GMT 09:35 2016 Wednesday ,20 July
Fox News boss Ailes looking at exit
GMT 11:16 2017 Saturday ,25 February
The fairy tale ends: Claudio Ranieri dismissal a product of pragmatism devoid of sentimentality
GMT 00:58 2017 Monday ,06 March
British gov't urged to safeguard rights of EU nationals in Britain
GMT 10:08 2016 Friday ,14 October
Indonesian gay couple arrested over Facebook photo
GMT 20:35 2017 Wednesday ,01 March
FM meets in Washington with representatives of Jewish
GMT 15:31 2015 Saturday ,03 October
Nordic states fret over migrant threat to Schengen
GMT 03:24 2018 Saturday ,13 January
New Eurogroup chief vows to press
GMT 12:18 2017 Monday ,25 December
Super moon shines brightly on Sunday
GMT 15:07 2017 Saturday ,01 April
Iranians mark 38th anniversary of establishment of Islamic Republic
GMT 00:05 2017 Tuesday ,19 December
Top 10 facts about Hiroshima's atomic tragedy
GMT 08:15 2017 Thursday ,16 March
Interpol warrant issued for four N. Koreans: Malaysia
GMT 23:25 2017 Tuesday ,12 December
Isis claims responsibility for deadliest gun massacre
GMT 23:39 2017 Sunday ,01 October
The pope is writing a document on fake news — and that’s the truth
GMT 11:30 2017 Saturday ,04 March
Comcast's NBCU discloses $500 mn stake in Snap
GMT 00:22 2017 Saturday ,25 March
Jordanian King Meets Arab League Secretary General
GMT 11:52 2017 Tuesday ,04 April
North Carolina beat Gonzaga for NCAA men's basketball crown
GMT 00:55 2017 Wednesday ,11 October
EU's Juncker Tells Britain to 'Clarify Position as Rapidly as Possible'
GMT 23:07 2017 Sunday ,22 January
Oman rescue teams search for teen missing at sea
GMT 19:59 2017 Wednesday ,15 February
UN Supports Political Reconciliation in Iraq
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