Monday, 21 January 2013

Inflation threat across Gulf region - The National

Inflationary pressures will intensify across the region this year as factors ranging from housing rent to government stimulus stoke prices.

An IMF report warned that Qatar's construction boom and expanding population would push consumer prices up from 3 per cent this year to 5 per cent in 2016.

But economists say other Arabian Gulf states could also face accelerating price pressures.
Inflation threat across Gulf region - The National

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