RIYADH: The annual rate of consumer inflation in Saudi Arabia has averaged 3.3 per cent in the year through November 2021, according to the data compiled by Arab News. However, several organisations expect it to be in the lower range of 1 per cent to 2 per cent next year. The 3.3 per cent rate is … Read more
RIYADH: Annual inflation rate in Saudi Arabia hit 1.1 per cent in November, up from 0.8 per cent in the previous month, Arab News quoted Gastat report, as saying. This is the highest level since June and the third month in a row in which inflation rate rose, yet it remains within analysts’ expectations. Specifically, … Read more
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
