Sunday, 23 December 2018

#Bahrain's annual GDP growth slows to 1.6 pct in Q3 | Reuters

Bahrain's annual GDP growth slows to 1.6 pct in Q3 | Reuters:

Bahrain’s annual growth in gross domestic product, adjusted for inflation, slowed in the third quarter of this year as both the oil and non-oil sectors lost momentum, the government’s statistics website showed on Sunday.

GDP grew 1.6 percent from a year earlier in the third quarter, slowing from 2.5 percent in the second quarter. The oil sector shrank 1.5 percent in the third quarter, while the non-oil sector grew 2.4 percent.

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