Inflation

Harry99
By Harry99

Listening to QBS on the way in..

They said that Qatar inflation is at 15% ..

Will it go higher?

Can i afford to stay here ?

By Oriental• 3 Jun 2008 09:44
Rating: 5/5
Oriental

When Inflation averages to 15 to 17% that mean it average cost of Increase of many Items which we dont buy day to day, so it keep Lower the actual Increasing Figure.. That mean the price of Car have not increase by 17% only 2-4% in most of Car, that mean that will be reason keeping Current Inflation to 15% but when you actually count Inflation for only Food & Rent & Normall purchase like Clother , electronic which you buy every day, monthly or atleast quarterly then The Figure of Inflation for that might come after 20-30% higher then the 15%...............

Count the Inflation as 20+%....

I beleive GCC people are not able to take any decision on there own keeping the Dollar Pegged... or US pressure... ??

By OrangKedah• 3 Jun 2008 09:39
OrangKedah

Too much liquidity in the market. Please refer to my previous posts in other threads where I have discused this topic at length. There are many more issues to be discussed, so I'll wait for responses from our QLers first.

By anonymous• 3 Jun 2008 09:18
anonymous

that will lead to just more inflation.

What they need to do is for the govt to stop pumping so much money into the economy and slow the pace of construction and new developments. Depegging from the dollar will also help a bit.

By QTips• 3 Jun 2008 09:05
Rating: 5/5
QTips

Qatar must depeg, gov't advisor says

Ditching dollar peg will not fix inflation

Qatar inflation charges toward 15% and still goes higher and higher :(

By irrysa• 3 Jun 2008 08:46
irrysa

yeah KH, it should be something around 18% by the 3rd quarter...

If you're looking for a problem, you're probably gonna find one.

By KellysHeroes• 3 Jun 2008 08:39
Rating: 4/5
KellysHeroes

I think the 15% as at 31 March 2008

 

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By irrysa• 3 Jun 2008 08:31
Rating: 2/5
irrysa

The forecasts say YES it will go higher.

they would have to do some major salary increaments or force landlords to reduce rents to do something about it. And we all know that this ain't gonna happen.

The fact is that things started being expensive here, the cost of living is much higher now-not only rents but also food and simple things that we all use every day.

If you're looking for a problem, you're probably gonna find one.

By logicsays• 3 Jun 2008 08:31
Rating: 5/5
logicsays

higher and higher and higher ... if the Ryail is depegged from the US it inflation will go much higher for sure ..

By DaRuDe• 3 Jun 2008 08:29
Rating: 5/5
DaRuDe

there is no way stopping it. it will rise

 

 

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