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1.66 percent boost in Saudi economic growth
(MENAFN) Economic growth in Saudi Arabia from January to March 2019 witnessed a jump by 1.66 percent to reflect anticipated strong performance.
Data that the General Authority for Statistics (GaStat) issued confirmed that this growth is considered stable compared to the one seen last year during the same period.
Saudi Arabia's non-oil growth hit 2.13 percent during the first quarter, a 1.8 percent boost on quarterly basis and stable on annual basis.
Meanwhile, non-oil activity growth witnessed solid performance and improved results, with the private sector growth logging 2.3 percent.
Data that the General Authority for Statistics (GaStat) issued confirmed that this growth is considered stable compared to the one seen last year during the same period.
Saudi Arabia's non-oil growth hit 2.13 percent during the first quarter, a 1.8 percent boost on quarterly basis and stable on annual basis.
Meanwhile, non-oil activity growth witnessed solid performance and improved results, with the private sector growth logging 2.3 percent.
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