Saudi economy expands 1.7% in first quarter, agency says

Growth in the oil sector stood at 1% compared with 0.5% a year earlier

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Riyadh: Saudi Arabia’s economy expanded 1.7 per cent in the first quarter compared with 1.4 per cent in the same period a year earlier, according to data released by the kingdom’s statistics authority on Sunday.

Growth in the oil sector stood at 1 per cent compared with 0.5 per cent a year earlier. The non-oil gross domestic product expanded 2.1 per cent.

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