Consumption in Qatar
Qatar - ConsumptionAfter shrinking in annual terms in Q1, the economy’s year-on-year performance likely improved in Q2 on a favorable base effect. However, underlying momentum in the non-energy sector was constrained by tougher Covid-19 restrictions early in the quarter, as suggested by falling PMI readings in April and May. Meanwhile, signs from the energy sector were mixed, with mining and quarrying output falling sharply in June after expansions in April and May. Moving to Q3, activity appears to be gaining steam thanks to the progressive easing of restrictions from late May amid a rapid vaccination campaign, with the PMI marking an 11-month high in July. In other news, Qatar and Saudi Arabia recently established a coordination council and Qatar appointed an ambassador to Saudi Arabia, pointing to the ongoing thawing of relations between the two nations following years of tensions.
Qatar - Consumption Data
|Consumption (annual variation in %)||-||-||-||-||-|
5 years of economic forecasts for more than 30 economic indicators.
Qatar Consumption Chart
Source: Ministry of Development Planning and Statistics.
|Exchange Rate||3.64||-0.03 %||Dec 31|
|Stock Market||0.1||0.34 %||Jan 07|
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