Mubasher: Capital Economics on Thursday issued a report predicting that the Qatar gross domestic product (GDP) would witness a 0.8% drop during 2017.
The economy is likely to recover in 2018 and witness a 1.8% growth, which will increase further to 2% in 2019, the company added.
The Qatari GDP rose 0.6% in the second quarter of 2017 to QAR 198.6 billion.
Inflation would drop to 0.5% in 2017, and would reach 2% during 2018 and 2019, the company forecast.
National Bank of Kuwait (NBK) had revealed in an earlier report that the decline in the Qatari inflation was due to the weak demand, resulting from the declining population.
Inflation in Qatar had recorded 2.8% in August, and -0.4% on yearly basis.
Earlier, the International Monetary Fund (IMF) had predicted that Qatari inflation would drop by 0.9% to 2.5% in 2017, and would hike back to 4.8% in 2018.
