Saturday 26 July 2014
Saudi inflation

Saudi inflation edges up to 3.1pc y/y in Nov

Saudi Arabia's inflation in November edged up to 3.1 per cent year-on-year mainly because of higher food and housing costs, according to a report. The prices of food and beverages rose 5.4 per cent year-on-year in November and


Saudi cbank expects inflation to ease in Q4

  Saudi Arabia's central bank expects inflationary pressures in the biggest Arab economy to continue decreasing in the fourth quarter of this year, it said in a report on Monday.   Spending usua


Saudi inflation falls on food, rates seen on hold

Saudi Arabia's annual inflation eased to 4.7 per cent in March thanks to a monthly dip in food prices, data showed on Wednesday, and analysts saw the biggest Arab economy keeping interest rates steady this year. Inflation in the world&


Saudi may see inflation from spending hike

Any increase in state spending will normally result in inflationary pressure, but will have a positive impact in the long term, Saudi Arabia's finance minister said on Saturday. 'If there is a large size of spending that exceeds th


Saudi inflation eases to 5.4 per cent

Saudi Arabia's annual inflation rate slowed slightly to 5.4 per cent in December, as housing costs and food rose less than in the previous month, state news agency SPA said. Annual inflation in the biggest Arab economy eased from 5.8pc in


Saudi inflation seen above 5pc

Inflation in Saudi Arabia will likely remain above 5 per cent until the first half of 2011 due mainly to a chronic shortage in low- to medium-level housing, state-owned National Commercial Bank (NCB) said on Monday. Consumer price growth i


Saudi inflation rises to 3.1pc

Inflation in Saudi Arabia, as measured by the cost of living index, rose to 3.1 percent in June from 2.96 percent in May, according to figures from the Central Department of Statistics. The department said the cost of living index reached

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