Qatar inflation surges 5.93% following World Cup hosting

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Mon, 2023-01-16 13:57

RIYADH: Qatar’s inflation surged 5.93 percent year-on-year in December 2022 largely as a result of a rise in the prices of recreation and culture, according to data from the Planning and Statistics Authority.  

The Consumer Price Index, a comprehensive measure for inflation, reached 108.20 points, showing the highest annual jump since September 2022.  

The PSA data released on Monday indicated there was an annual price increase in seven categories, the largest being a 25.36 percent surge in prices of recreation and culture.  

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