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Posted On: 11 May 2009 11:06 am
Updated On: 12 November 2020 02:09 pm

Qatar inflation seen falling to 7% in 2010 - report

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Inflation in Qatar may come down to seven percent in 2010, the Bank of America – Merrill Lynch has said in a new report. It estimates that inflation in Qatar is likely to remain at about 10 percent this year, down significantly from the 15 percent recorded in 2008. “Qatar will remain one of the fastest growing economies despite lower oil prices. We estimate the Qatari economy to grow at five percent this year,” according to the report, published in Gulf Times on Monday.