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Qatar lifts 2013 economic growth, inflation outlook - ASHARQ AL-AWSAT English Archive
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DUBAI, (Reuters) – Qatar on Sunday lifted its forecasts for economic growth and inflation next year, saying a decline in oil and gas output was now expected to be less than originally thought.

Gross domestic product, adjusted for inflation, is now forecast to expand 4.8 percent in 2013, instead of the 4.5 percent which authorities predicted in June this year, the General Secretariat for Development Planning said. GDP is estimated to grow 6.3 percent in 2012.

Consumer price inflation is now projected to rise to 3.5 percent in 2013 from 2.0 percent this year, the secretariat said in a statement. In June, it had predicted 2013 inflation of only 2.5 percent.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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