Qatar's core inflation reportedly moved faster the overall inflation this January on a month-to-month term.
While Qatar's cost of living, based on consumer price index (CPI), shrank 1.29% year-on-year this January; the core inflation (CPI excluding housing and utilities) was down 0.21%, said the PSA figures.
On a monthly basis, the country's overall inflation rose 1.23% in January 2021; but core inflation grew faster by 1.74%.
The Washington-based the Institute of International Finance in its latest report forecasts Qatar's inflation to be 0.9% in 2021.
The index of transport, which has a 14.59% weight, surged 4.12% and 6.11% month-on-month and year-on-year respectively in January 2021. The sector has the direct and indirect linkage to the dismantling of administered prices in petrol and diesel.