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Qatar PMI slumps to 38.7 as war hits non-energy sector
RIYADH: Qatar’s Purchasing Managers’ Index fell to 38.7 in March from 50.6 in February, signaling a sharp contraction in the non-energy private sector as regional conflict disrupted demand. The S&P Global PMI dropped well below the 50 threshold that separates expansion from contraction, marking one of the steepest deteriorations in business conditions in recent years.
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Middle East non-oil growth slows as Iran conflict disrupts trade
RIYADH: Non-oil business growth slowed across the UAE, Kuwait and Egypt in March as the Iran conflict disrupted trade, dampened demand and increased costs, S&P Global data showed.…
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Qatar PMI slumps to 38.7 as war hits non-energy sector
RIYADH: Qatar’s Purchasing Managers’ Index fell to 38.7 in March from 50.6 in February, signaling a sharp contraction in the non-energy private sector as regional conflict…