Hydrocarbons drives Qatar industrial sector in May: PSA ...Qatar

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A more-than-doubled average price in the hydrocarbons and a rebound in the manufacturing sector substantially lifted the prospects of Qatar’s industrial sector in May 2021, according to official estimates. Qatar's PPI or producers price index – a measure of the average selling prices received by the domestic producers for their output – registered 92.1% and 7.5% expansion on yearly and monthly basis respectively, according to figures released by the Planning and Statistics Authority (PSA). The PSA had released a new PPI series in late 2015. With a base of 2013, it draws on an updated sampling frame and new weights. The previous sampling frame dates from 2006, when the Qatari economy was m

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