July 11, 2018 / 10:03 AM / 2 months ago

Bahrain's economy shrinks in Q1 as oil production sags

DUBAI, July 11 (Reuters) - Bahrain’s gross domestic product, adjusted for inflation, shrank 1.2 percent from a year earlier in the first quarter of 2018 as oil production sagged, data from the official statistics agency showed on Wednesday.

The oil sector of the economy shrank 14.7 percent from a year ago, while the non-oil sector expanded 1.9 percent. (Reporting by Andrew Torchia)

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