Qatar’s non-energy private sector records improvement in April

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Mon, 2024-05-06 13:27

RIYADH: Qatar’s non-energy private sector witnesses improvement in business conditions in April as the Purchasing Managers’ Index hit 52, compared to 50.6 in March, according to the latest data.

The Qatar Financial Center PMI is a composite single-figure indicator of non-energy private sector performance that is derived from indicators for new orders, output, employment, suppliers’ delivery times and stocks of purchases. A reading above 50 signifies sectoral expansion, while below that mark indicates contraction.

Total activity also surged at the fastest rate since last September in April as new projects and firms continued to complete existing workloads.
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