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Qatar inflation in May increases to 1.7%

According to data by Qatar's Statistics Authority, inflation in the Gulf country has climbed to 1.7% on an annual basis in May, matching its level from March, Reuters has reported. Consumer prices were 0.2% higher month-on-month in May after a 0.1% rise in April, helped by increases in food and transport costs, the data showed. Average deflation in Qatar reached 2.4% in 2010, less than 4.9% in 2009, which was the first full-year deflation since 1993.