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Qatar posts 6.2% Q3 growth in GDP

Qatar Statistics Authority has said that growth in the country’s gross domestic product, adjusted for inflation, rose slightly to 6.2% year-on-year in the third quarter of 2013, from 6% in the second quarter, Reuters has reported. Output in the mining and quarrying sector, which includes oil and gas production and accounts for more than 40% of GDP, grew 1.8% from a year earlier and 3.5% quarter-on-quarter. The financial and real estate sector jumped 10.5% year-on-year, while the construction sector expanded 13%, on the back of government spending on infrastructure projects, the authority said.