Bahrain third quarter growth accelerates

MANAMA - Bahrain’s economic growth sped up to 2.2 per cent quarter-on-quarter in the July-September period, the government said, as high oil prices continued to help the economy recover from political unrest and capital flight earlier this year.

By (Reuters)

Published: Fri 25 Nov 2011, 11:00 PM

Last updated: Tue 7 Apr 2015, 5:19 AM

Gross domestic product growth accelerated from 1.3 per cent in the second quarter of this year, the statistics agency said on Thursday.

On a year-on-year basis, GDP expanded 2.4 per cent in the third quarter after 1.1 per cent growth in the second. The state was hit hard in February and March by its unrest, which forced banks and shops to close and triggered an outflow of funds.

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