Tue, 21-Oct-2025

Saudi inflation accelerating in October

CAIRO: Saudi inflation rate is on the rise for the second month in a row, Arab News reported on Monday. The annual inflation rate reached 0.8 per cent in October, up from 0.6 per cent in September, according to data released by Saudi’s General Authority for Statistics (Gastat). Inflationary pressures were driven by higher prices of the … Read more

German exports fall for second straight month

FRANKFURT: German exports fell for the second month in a row in September, as Europe’s top economy grapples with global supply shortages, official data showed on Tuesday. Germany exported 112.3 billion euros ($130.2 billion) worth of goods in September, adjusted for the season, a 0.7 per cent drop from the previous month, according to federal statistics … Read more