Bahrain's economy grew by 1 percent quarter-on-quarter in April-June after shrinking in previous three months, but annual growth decelerated to its slowest pace since 2008 as the impact of unrest continued to stifle activity, data showed on Sunday.
The small non-OPEC oil exporter saw its real gross domestic product falling by 1.4 percent in the first three months of 2011 compared with the previous quarter, its first quarterly contraction since the global financial crisis in late 2008.
On an annual basis, GDP growth in the Arab island kingdom - the smallest economy in the Gulf at some $14 billion - decelerated to 0.8 percent in the second quarter from 1.8 percent in January-March 2011, the sixth slowdown in a row, the data from the Central Informatics Organisation showed.
Bahrain's financial sector, which accounts for around a quarter of the GDP, has been only slowly picking up from the global financial crisis and a regional property crash. It grew 1.7 percent year-on-year in real terms in April-June, up from a 1.3 percent rise in the previous quarter.
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