Qatar Central Bank - Annual Report 2004
The soaring economic growth has been accompanied by a notable increase in the domestic price levels. After years of low rate of inflation around 2.5% or less, the Consumer Price Index (CPI) jumped by 6.8% to reach 109.48 point in average for the year 2004.
The increase in the rate of inflation came; mainly, as a result of rising rents. The depreciation of the Qatari
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