Qatar’s consumer price index, on a downward trend since the start of the year, fell 0.4 percent in November from a month earlier, Qatar’s statistics authority said on Wednesday.
The index now stands at 121.8 points, down from 122.3 point in October, official data showed.
Inflation has fallen sharply in the Gulf Arab region as global economic slowdown slashed rents, property and food prices.
Consumer prices are down 5.2 percent in November from the beginning of 2009, the authority said in an emailed statement.
On the month, rents decreased by 2.8 percent and were 16.3 percent lower than prices in January 2009, the authority said.
Food prices increased by 1.6 percent on the month based on the price hike of mutton and fresh fruits, which have the largest weights in the food basket.
Despite the increase the food basket was still 1.2 percent lower than the beginning of the year.
Qatar inflation soared to 15.2 percent in 2008. (Reuters)
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