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 15:10 2017 Tuesday ,20 June
Gold hits 4-week low on firm dollar
GMT 21:27 2017 Sunday ,10 December
Casablanca-Anfa Racecourse to host final leg of 24th President
GMT 09:15 2017 Thursday ,27 April
Airbus profits take off on sale of defence electronics firm
GMT 22:04 2017 Tuesday ,31 January
UAEU College of Science first in region
GMT 16:50 2017 Thursday ,09 March
Don’t go to conflict zones, Indians urged
GMT 08:55 2017 Thursday ,09 February
S.Africa govt and mining industry tensions dominate 'Indaba'
GMT 06:41 2017 Sunday ,29 October
London house-buyers get lift from Brexit
GMT 19:23 2018 Friday ,23 November
Ethnic cleansing of Palestinians in Jerusalem focus of dailies
GMT 15:49 2017 Wednesday ,20 December
Trump, May host first call since row over retweets
GMT 11:08 2017 Tuesday ,19 December
UN warns of drug-resistant germ risk brewing in nature
GMT 15:24 2017 Sunday ,08 October
7 killed in airstrike on refugee camp in Syria
GMT 22:37 2017 Wednesday ,25 October
Shaikh Nasser applauds IAAF President’s efforts
GMT 17:15 2017 Wednesday ,13 September
Securities and Commodities Authority issues second license for national bank
GMT 04:54 2017 Tuesday ,14 March
Parents forget newborn son in taxi at Dubai airport
GMT 00:52 2016 Sunday ,25 December
Sharjah Children Centres forges inspirational young leaders
GMT 09:04 2017 Monday ,13 February
10 best ways to get a promotion at work
GMT 05:26 2017 Saturday ,11 February
Gold retreats as Trump tax pledge lifts dollar
GMT 17:11 2017 Thursday ,30 March
South Korea Shuts Down Nuclear Reactor to Deal with Coolant Problem
GMT 13:49 2017 Thursday ,09 March
Stoinis gets nod for India on bowling strength
GMT 12:41 2017 Friday ,10 November
Prime Minister strongly condemns Quetta blast
GMT 03:17 2017 Saturday ,04 February
S.Korea prosecutor seek arrest of Samsung chief for bribery
GMT 12:31 2017 Wednesday ,29 March
Qatar Airways Wins 'Airline Of The Year' Award
GMT 08:42 2016 Tuesday ,06 December
Security boosted on LA transit stations following threat
GMT 10:41 2017 Thursday ,11 May
EBRD sees moderate pick-up in region’s growth
GMT 17:55 2016 Wednesday ,07 December
Oil falls on production cut skepticism
GMT 02:51 2017 Saturday ,02 September
Yogyakarta Tourism To Develop Even Faster
GMT 20:27 2017 Sunday ,27 August
Pope Tawadros opens 1st Coptic church in Japan
GMT 17:44 2017 Wednesday ,15 November
Kh Asif conferred Honorary Doctorate by Geneva School of Diplomacy
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