{"id":390269,"date":"2020-12-18T11:59:52","date_gmt":"2020-12-18T06:29:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=390269"},"modified":"2020-12-18T13:07:08","modified_gmt":"2020-12-18T07:37:08","slug":"saudi-arabia-economy-shrinks-4-6-after-oil-sector-hits-snag","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-arabia-economy-shrinks-4-6-after-oil-sector-hits-snag\/","title":{"rendered":"Saudi Arabia economy shrinks 4.6% after oil sector hits snag"},"content":{"rendered":"<p>Saudi Arabia\u2019s economy shrank more slowly in the third quarter as the government eased some coronavirus restrictions but the pandemic-hit oil sector continued to weigh on the broader economy, official data showed on Thursday.<\/p>\n<p>The economy shrank 4.6% in the third quarter, rebounding slightly from the 7% slump in the previous quarter but marked by declines in both the oil and non-oil sectors, the data showed.<\/p>\n<p>Saudi Arabia is facing its worst economic decline in decades after the Covid-19 pandemic curbed global crude demand and measures to contain it also hurt other sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia\u2019s economy shrank more slowly in the third quarter as the government eased some coronavirus restrictions but the pandemic-hit oil sector continued to weigh on the broader economy, official data showed on Thursday. The economy shrank 4.6% in the third quarter, rebounding slightly from the 7% slump in the previous quarter but marked by declines in both the oil and non-oil sectors, the data showed. Saudi Arabia is facing its worst economic decline in decades after the Covid-19 pandemic curbed global crude demand and measures to contain it also hurt other sectors.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,183],"tags":[],"class_list":["post-390269","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/390269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=390269"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/390269\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=390269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=390269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=390269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}