{"id":405402,"date":"2021-03-17T11:19:39","date_gmt":"2021-03-17T05:49:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=405402"},"modified":"2021-03-17T13:09:34","modified_gmt":"2021-03-17T07:39:34","slug":"saudi-arabias-economy-contracts-3-9-in-q4","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-arabias-economy-contracts-3-9-in-q4\/","title":{"rendered":"Saudi Arabia&#8217;s economy contracts 3.9% in Q4"},"content":{"rendered":"<p>Saudi Arabia&#8217;s economy contracted by 3.9% in the fourth quarter from the same period a year earlier, official data showed on Tuesday, hit by a sharp contraction in the oil sector as the kingdom cut output, while the non-oil sector also declined due to the hit from the coronavirus pandemic.<\/p>\n<p>The oil sector contracted by 8.5% and the non-oil sector declined by 0.8%, data from Saudi Arabia&#8217;s General Authority for Statistics showed.<\/p>\n<p>The private sector economy shrank by 0.8%, while the government sector contracted by 1.0%, the data said. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia&#8217;s economy contracted by 3.9% in the fourth quarter from the same period a year earlier, official data showed on Tuesday, hit by a sharp contraction in the oil sector as the kingdom cut output, while the non-oil sector also declined due to the hit from the coronavirus pandemic. The oil sector contracted by 8.5% and the non-oil sector declined by 0.8%, data from Saudi Arabia&#8217;s General Authority for Statistics showed. The private sector economy shrank by 0.8%, while the government sector contracted by 1.0%, the data said.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-405402","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405402","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=405402"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405402\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=405402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=405402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=405402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}