Qatar Financial Centre PMI rose slightly to 48.8 in November 2022 from 48.4 in October. The latest reading pointed to subdued business activity, although some signs of recovery emerged as the FIFA World Cup Qatar 2022TM kicked off in the second half of the month. Wholesale, retail, and service providers experienced rapid activity growth, while sales prices rose to an all-time high amid increasing tourism demand from the tournament. Finally, firms were more optimistic about the one-year outlook than they had been since October 2020 on growing speculation about post-tournament business opportunities. source: Markit Economics
Manufacturing PMI in Qatar averaged 52.32 points from 2017 until 2022, 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. Qatar Non-Oil Private Sector PMI - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.
Manufacturing PMI in Qatar is expected to be 51.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Qatar Non-Oil Private Sector PMI is projected to trend around 51.00 points in 2023 and 52.00 points in 2024, according to our econometric models.