Santhosh V. Perumal

Retail inflation in Qatar is seen hardening with consumer price index (CPI) rising 4.66% on an annualised basis in April, mainly due to higher expenses towards food, clothing, furniture, recreation and rents, according to official statistics.

Doha’s non-energy sector, particularly construction, witnessed significant improvement in the business conditions in April this year, according to the Qatar Financial Centre (QFC).

Severe selling, especially in the banking sector, on Sunday led the Qatar Stock Exchange plunge 267 points and its key index fell below 13,000 points and capitalisation eroded by QR16bn.

Qatar’s insurance companies witnessed a robust growth in net premium, while their net claims declined stupendously in the first quarter (Q1) of 2022, indicating healthy trends in the country’s risk cover sector.

Reflecting the global concerns of rising inflation and hardening interest rates, the Qatar Stock Exchange saw its main barometer plunge 447 points and capitalisation erode QR18bn this week.

Qatar's four-star hotels witnessed the fastest growth in average revenue per room on an annualised basis in March this year, according to figures released by the Planning and Statistics Authority (PSA).

Global concerns over entrenching inflation and rising interest rates had their reflection on the Qatar Stock Exchange, which on Thursday fell 320 points to below 13,200 levels and capitalisation eroded QR16bn.

Buying interests, especially at the industrials, real estate and telecom counters, Wednesday led the Qatar Stock Exchange to gain 21 points.