The Qatar Financial Centre (QFC) PMI is a composite index derived from monthly surveys of purchasing managers in Qatar's non-energy private sector. It provides an early indication of economic health by measuring variables such as output, new orders, employment, and supplier delivery times. A reading above 50.0 indicates an overall expansion in the non-oil economy, while a reading below 50.0 signals a contraction. This indicator is crucial for understanding the diversification of Qatar's economy away from hydrocarbons.
The index is calculated as a weighted average of five sub-indices: New Orders (30%), Output (25%), Employment (20%), Suppliers' Delivery Times (15%), and Stocks of Purchases (10%). Data is collected from a representative panel of around 450 private sector companies.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Mar 5, 2025 | 51.00 | 50.40 | +0.60 |
| Feb 4, 2025 | 50.20 | 52.40 | -2.20 |
| Nov 5, 2024 | 52.80 | 52.20 | +0.60 |
| Oct 6, 2024 | 51.70 | 53.30 | -1.60 |
| Sep 3, 2024 | 53.10 | 51.10 | +2.00 |
| Aug 5, 2024 | 51.30 | 56.40 | -5.10 |
| Jul 3, 2024 | 55.90 | 52.90 | +3.00 |
| Jun 4, 2024 | 53.60 | 52.80 | +0.80 |
| May 5, 2024 | 52.00 | 50.40 | +1.60 |
| Apr 3, 2024 | 50.60 | 51.50 | -0.90 |
| Mar 6, 2024 | 51.00 | 50.50 | +0.50 |
| Feb 5, 2024 | 50.40 | 49.50 | +0.90 |
| Jan 4, 2024 | 49.80 | 51.60 | -1.80 |
| Dec 5, 2023 | 51.50 | 50.10 | +1.40 |
| Nov 5, 2023 | 50.80 | 53.50 | -2.70 |
