Qatar's Financial Centre PMI remained steady at 52.9 in December 2024, reflecting consistent growth in the non-energy private sector and staying above the long-term average of 52.3. The labor market was a key driver, with employment and wages rising sharply for the fourth consecutive month, marking the fastest rate on record. Moreover, new business inflows supported growth in total activity and led to a rise in backlogs for the third time in four months. Firms also expanded inventories at the third-fastest pace in survey history, anticipating increased activity and new contracts in 2025. Regarding prices, overall cost inflation eased further from October's four-year high despite strong wage pressures. Firms also continued to marginally lower prices to remain competitive. Looking ahead, optimism for the next 12 months remained robust, driven by stable market conditions, population growth, and strong demand in construction and tourism. source: S&P Global

Manufacturing PMI in Qatar remained unchanged at 52.90 points in December. Manufacturing PMI in Qatar averaged 52.31 points from 2017 until 2024, reaching an all time high of 67.50 points in May of 2022 and a record low of 36.60 points in May of 2020. This page provides - Qatar Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing PMI in Qatar remained unchanged at 52.90 points in December. Manufacturing PMI in Qatar is expected to be 51.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




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Qatar Non-Oil Private Sector PMI
In Qatar, the QFC Purchasing Managers’ Index measures the performance of companies in non-oil private sector. A reading above 50 indicates an expansion of the non-oil private sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.


News Stream
Qatar Non-Oil Private Sector Growth Stays Strong
Qatar's Financial Centre PMI remained steady at 52.9 in December 2024, reflecting consistent growth in the non-energy private sector and staying above the long-term average of 52.3. The labor market was a key driver, with employment and wages rising sharply for the fourth consecutive month, marking the fastest rate on record. Moreover, new business inflows supported growth in total activity and led to a rise in backlogs for the third time in four months. Firms also expanded inventories at the third-fastest pace in survey history, anticipating increased activity and new contracts in 2025. Regarding prices, overall cost inflation eased further from October's four-year high despite strong wage pressures. Firms also continued to marginally lower prices to remain competitive. Looking ahead, optimism for the next 12 months remained robust, driven by stable market conditions, population growth, and strong demand in construction and tourism.
2025-01-07
Qatar Non-Oil Private Sector Shows Further Growth
Qatar's Financial Centre PMI rose to 52.9 in November 2024 from 52.8 in October, reflecting stronger growth in the non-energy private sector and surpassing the long-term average of 52.3. The increase was driven by record stock purchases and improved suppliers' delivery time. Moreover, New business inflows expanded for the 11th month, supported by marketing efforts and improved client demand, while backlogs decreased as capacity expanded. Employment surged at the fastest rate in survey history over the past three months, accompanied by strong wage inflation as firms boosted salaries to retain skilled staff. While cost pressures eased slightly from October’s peak, firms lowered prices for goods and services for the fourth consecutive month to remain competitive. Firms remained optimistic about the year ahead, citing economic development, investment, population growth, and strong demand in real estate and construction.
2024-12-03
Qatar Non-Oil Private Sector Expands Further in October
Qatar's Financial Centre PMI rose to 52.8 in October 2024, up from 51.7 in September, indicating stronger growth in the non-energy private sector and surpassing the long-term average of 52.3. The increase was driven by a faster rise in new business inflows, supported by successful marketing, service improvements, and population growth. Backlogs also grew at the quickest rate since June 2022, prompting companies to expand staffing levels, especially in services, leading to record employment growth. Wage inflation remained near September’s high as firms raised salaries to retain skilled staff, contributing to the strongest cost pressures since July 2020. However, prices charged for goods and services declined for the third month due to market competition. Business confidence for the next 12 months was high, buoyed by expectations for improved market conditions, real estate investments, and tourism.
2024-11-05