Oman's GDP grew 2.6% | Oman's GDP grew 2.6% -
Muscat

Oman’s GDP grew 2.6%

: Monday, February 17 - 2014 @ 00:20

According to preliminary data released by the Omani government, the country has achieved a modest year-on-year nominal GDP growth of 2.6% during the first nine months of 2013, Muscat Daily has reported. The growth in nominal GDP reflected a marginal 1% contraction in the petroleum sector GDP and 7.8% increase in non-petroleum sector GDP. Oil production in the sultanate during 2013 grew 2.3% to 343.8 million barrels from 336.2 million barrels in the previous year. The average inflation-based on CPI for the sultanate stood at 1.1% during 2013, compared with 2.9% in 2012.

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Monday, February 17- 2014 @ 0:20 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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