(MENAFN) An official report raised estimates on Qatar's economic growth and inflation next year, Reuters reported.
The report, issued by the General Secretariat for Development Planning, also expected a smaller decline in the Gulf state's oil and gas output than originally thought.
According to the figures, Qatar's gross domestic product (GDP), adjusted for inflation, is expected to grow by 4.8 percent in 2013, up from 4.5 percent forecasted in June. GDP is estimated to grow 6.3 percent in 2012.
The report also expected inflation in Qatar to reach 3.5 percent next year, instead of 2.5 percent estimated in June. Inflation is predicted to reach 2 percent in 2012.
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