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Qatar PMI Non-Oil Private Sector 53.7 in Sep-23

- Qatar's non-oil private sector PMI in September 2023 experienced a slight decline to 53.7, the lowest level since February 2023.
- Despite the decline, the sector is still expanding, with the reading comfortably above the critical threshold of 50. The current PMI remains 1.73 points higher than the one-year average, indicating a relatively strong performance over the past year.

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.