Archive

Qatar M2 money supply 1.01% y-o-y in Aug-23

- Qatar's M2 money supply grew by 1.01% year-on-year in August 2023, the lowest growth rate since March 2021 and indicating a deceleration in money supply expansion.
- The current growth rate of M2 money supply is significantly lower than both the 1-year average and the long-run average, suggesting a departure from the typical trend of money supply growth in Qatar.

Qatar CPI inflation 2.38% y-o-y in Aug-23

- Qatar's CPI inflation rate recorded a decline to 2.38% year-on-year in August 2023, the lowest growth since April 2021 and 1.72 percentage points below the one-year average.
- Despite the decrease, the current inflation rate remains 1.00 percentage point above the long-run average, indicating ongoing inflationary pressures in the economy.

Qatar PMI 53.9 in Aug-23

- The Qatar PMI for August 2023 indicates expansion in the private sector, albeit with a marginal decline from the previous month's reading.

- Despite the slight decrease, the PMI reading remains above the one-year average, suggesting a resilient private sector performance in Qatar.

Qatar M2 money supply 1.28% y-o-y in Jul-23

- Qatar's M2 money supply growth rate in July 2023 has declined to 1.28%, marking the lowest growth rate since March 2021 and falling significantly below both the one-year and long-run averages.
- The year-on-year growth rate of total credit in June 2023 stands at 3.81%, indicating a moderate pace of lending activity but requiring further scrutiny in conjunction with other economic indicators.