Qatar PMI points to sharp rise in employment after blockade:
The operationalisation of 40 new Qatari-owned manufacturing units, especially after the blockade, substantially enhanced employment, particularly within the non-energy private sector, thus helping Qatar’s PMI (Purchasing Managers Index) touch a six-month high in January, according to the Qatar Financial Center (QFC).
“Businesses remained strongly confident regarding expected activity at the start of 2019,” the QFC said, adding that driving the latest improvement was a series-record increase in employment, while both short-term output and new business measures ebbed slightly.
Highlighting the sharp rise in the employment, the QFC said companies in the non-hydrocarbon private sector raised headcounts at the strongest rate since the survey began in April 2017.
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