The Qatar Non-Oil Private Sector PMI fell to 51.5 in May of 2021 from 52.1 in the prior month, the eleventh successive month of expansion but at the slowest pace since October of 2020. The current sequence of output growth is the joint-longest in the four-year survey history. Across the sub-sectors, the strongest performance was seen in wholesale & retail (53.2), followed by manufacturing (53.1), and construction (51.1), while services were in the contraction area (48.0). The loss in momentum was apparent in output, which lagged behind new orders for the fifth straight month, resulting in an build-up in outstanding business and in backlogs. The pressure on capacity led to one of the fastest expansions in staff levels in the survey’s history. However, labor costs decreased slightly, contrasting with a 9-month high in input price inflation. Finally, the 12-month outlook improved slightly from historic lows as the pandemic receded. source: Markit Economics
Manufacturing PMI in Qatar averaged 49.96 points from 2017 until 2021, reaching an all time high of 59.80 points in July of 2020 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 June of 2021.
Manufacturing PMI in Qatar is expected to be 55.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Qatar to stand at 51.00 in 12 months time. In the long-term, the Qatar Non-Oil Private Sector PMI is projected to trend around 51.00 points in 2022, according to our econometric models.