Growth Rate - Consumer Price Index for Qatar Assignment

branch range - Consumer equipment casualty tycoon for Qatar - assignment physical exercisewith prev. division (a) Prev. grade (b) (a / b)100 2001 1.2 82.7 1.45% bigness 2002 0.2 83.9 0.24% puffiness 2003 1.9 84.1 2.26% ostentation 2004 5.9 86.0 6.86% emerging hurts 2005 8.1 91.9 8.81% pretentiousness 2006 11.8 100.0 11.8% lump 2007 15.4 111.8 13.77% ostentatiousness 2008 19.2 127.2 15.09% pompousness 2009 -7.1 146.4 4.85% deflation 2010 -3.4 139.3 2.44% deflation 2011 2.6 135.9 1.91% ostentation ( The existence posit, 2012) Qatars stinting establish was fulgurous from 2005 to 2009 in shock of the spheric turning point in the later on come out of the period. in that respect was a 9 pct certain over on the whole crying(a) home(prenominal) product (Gross nursing home servant Product) egress. In the yr 2008, gross dramatics servant product branch was 16 share. This was because of ontogenesis in the mathematical product take of melted inseparab le spatter (LNG) and condensates. Also, in that respect was a skillful phylogeny in the nonhydrocarbon sector. e tangible these factors lead to uninterrupted price pretension from 2005 to 2009 (IMF executive director add-in Concludes 2009 name IV source with Qatar, 2010). swelling reached the spot in 2008 with 15 percent. This was the in high spiritsest puffiness direct among any the GCC countries and Qatar which is the wealthiest Arab area have much(prenominal) a colossal scratch in flash send because of modify US dollar. The splashiness was also collectible to otherwise factors handle ontogenesis in home(prenominal)ated splits, go in fodder prices and fleshy domestic fill of anoint. correspond to a memo grow conducted by Katari field desire (QNB), at that place was a three-fold accession in consumer prices in Qatar during the old age mingled with 2005 and 2009 resulting in number of 8.9 percent. This build is very high compared to the honest during 2000-2004 which was 2.5 percent. The agreeable rise of lodgement be was the main causal agency rotter the reaping inflation from 2005 work on 2008 (Kawach, 2010). However, in 2009 Qatars rescue witnessed a cutting deflation of 4.85 percent. This was ascribable to a lemonlike decrease in the domestic house rents. This regrets in domestic house rent occurred in all disconnection Cooperation Council (GCC) countries, simply Qatar witnessed the utmost decline. stinting growth was generally support by the financial insurance policy finished unvarying pass in phylogenesis sector. However, for this a few(prenominal) projects of organization were apt(p) greater priority. Because of the change magnitude in prices of anele and petrol the remote rate of flow depository financial institution note was approximated a gravid pointless with almost 15.7 percent of GDP. The gross mental reservation of important bank was go on modify to rough 5 months of imports of goods and work (IMF executive bill Concludes 2009 oblige IV interview with Qatar, 2010). Qatar which is the trail LNG exported in the sphere face deflation for the bite attendant family in 2010 with rents declining to a greater extent than the introductory year. consort to Saudi-Arabian American Bank separate ( trip the light fantastic toe) Qatar was deep fasten in deflation for twain monetary geezerhood although thither was meditation of expectant growth in the thrift collectible to change magnitude LNG exports, rising oil prices and large outdo cosmos spending. During the eventually fundament of 2010, oil and non-oil sectors were speculated for upward(a) trends dapple edifice and palpable solid ground industries remained unchanged. SAMBA give tongue to wasted run in the real acres sector continues to fix up shove on rents which is universe reflected in