Macroeconomic Update – November 2019: (Consistent growth in non-oil activity)
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Macroeconomic Update – November 2019: (Consistent growth in non-oil activity)
n light of recent economic data, our revised forecast points to a modest level of growth in the Kingdom in 2019. Further downward revision in oil sector GDP means that we now see overall growth at 0.2 percent, versus 1.6 percent previously.