{Kantakji Group}. Add '11257' Private sector leads real GDP growth in Q2

FYI

 Nawaf Y. Husein

 Faculty Member
 Msc, CRP , CLBB
 Saudi Training Society Member

 Institute of Banking
 Saudi Arabian Monetary Agency ( SAMA)
  P.O.Box : 10820   Riyadh 11443 Saudi Arabia
 Tel : + 966 1 463 3000   Ext. 3825
  Fax: + 966 1 466 2368
  Mobile : + 966 55 48 44 828

  SKYPE : abuhejleh2     





 

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Subject: Private sector leads real GDP growth in Q2
Date: Sun, 16 Sep 2012 16:12:07 +0300
From: jadwaresearch@jadwa.com
To: jadwaresearch@jadwa.com

Dear all,

 

Latest economic growth data released last week confirm that the healthy performance of the Saudi economy continued into the second quarter of 2012 albeit at slower pace than previous quarters. In real terms (that is, adjusted for price movements) the economy was 5.5 percent larger in the second quarter of 2012 than in the same quarter of 2011. The non-oil private sector registered the highest year-on-year growth in the second quarter.

 

Regards,

 

Fahad Alturki, Ph.D.

Senior Economist

Jadwa Investment

Phone     +966 1 279-1111 Ext. 4233

Fax          +966 1 279-1111 Ext. 4415

Mobile     +966 55 640 5758

Email        falturki@jadwa.com

 

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