Wednesday 16 January 2019
inflation surge

Oman inflation surges to 13.7pc

Annual inflation in Oman accelerated to 13.67 per cent in August from 13.35 per cent in July as food and housing costs soared, official data showed on Saturday. Oman's consumer price index rose to 127.2 points on August 31 compared wit


ME struggles to check record inflation surge

Gulf Arab states launched emergency efforts to control soaring prices while inflation in Egypt hit a 19-year peak on Tuesday as spiralling costs for food and fuel threaten to damage economic growth and stir discontent. Qatar is to freeze t


Saudi inflation surges 10.5pc on rents, food

Annual inflation in Saudi Arabia accelerated to an at least 27-year peak of 10.5 percent in April from 9.6 per cent the previous month fuelled by rents and food prices in the world's largest oil exporter. The cost of living index for the l

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