Qatar's non-energy private sector saw record employment growth in Sept., driven by financial services, with wage inflation at 4-year high.
In September, Qatar's non-energy private sector saw record employment growth, driven by increased demand for financial services and a positive business outlook. The Purchasing Managers' Index indicated sustained growth, with the employment component being the main contributor. Wage inflation reached its highest level in four years, while prices for goods and services fell sharply due to competition. Optimism persists for the coming year, fueled by economic development and investment in key sectors.
October 06, 2024
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