July 1, 2018 / 7:05 AM / 5 months ago

Saudi Arabia GDP grows 1.2 percent on year in first quarter

DUBAI, July 1 (Reuters) - Saudi Arabia’s gross domestic product, adjusted for inflation, grew 1.2 percent from a year earlier in the first quarter of 2018, the government’s statistics agency said on Sunday.

In the first quarter of 2017, GDP had shrunk a revised 0.8 percent on year. (Reporting by Andrew Torchia. Editing by Jane Merriman)

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