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Inflation a risk for strong Saudi economy: IMFSaudi Arabia faces a possible inflation risk due to buoyant growth that may warrant policy action to prevent the economy from over-heating, the International Monetary Fund said. More… |
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UAE April inflation eases to 0.9pc y/yThe consumer prices in the UAE slowed to 0.9 per cent year-on-year compared to the previous month, the data from the National Bureau of Statistics showed. The housing and utility costs, which account for over 39 per cent of consum More… |
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Abu Dhabi April inflation slows to 0.6pcAbu Dhabi's annual inflation in April slowed to 0.6 per cent compared to the previous month, according to data released by Abu Dhabi Statistics Centre. More… |
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Dubai inflation low in April despite rent hikeDubai's inflation remained muted in April compared to the previous month despite a jump in rents, data showed on Wednesday. Consumer price growth in Dubai, one of seven United Arab Emirates, started picking up in 2013 after a More… |
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Saudi inflation to rise on food costsSaudi Arabia's inflation rate in April may edge slightly higher and continue on an upward trajectory during the second quarter as the food and beverage category represent a weight of 21.7 per cent in the inflation index, said leading Saudi l More… |
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IMF trims sub-Saharan Africa growth outlookThe IMF on Tuesday trimmed its growth outlook for sub-Saharan Africa to 5.4 percent in 2013 and 5.7 percent in 2014 but said economic activity was being supported by rising investment and booming extractive industries. The Interna More… |
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Kuwait inflation slows to 1.6pc in MarchKuwait's inflation slowed to a 1.6 per cent year-on-year (y/y) in March, down from 2.1 per cent last month mainly due to a sharp drop in food prices, said a report. More… |
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Saudi’s inflation pressures in Q2 ‘limited’Inflationary pressures in Saudi Arabia are set to rise in the second quarter of this year but the price increase should be limited, the Opec member's central bank said in a report. "Given the (available) indicators ... we More… |
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Inflation spikes as Qatar gears up for spending spreeInflation in Qatar soared into the double digits after the country spent heavily on hosting the 2006 Asian Games. Now, with another government spending spree and an even bigger sports event looming, inflation is on the rise again. More… |
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Kuwait March inflation eases to 1.6pc y/yKuwait's annual inflation eased to 1.6 per cent year-on-year in March, the state news agency Kuna's data showed. Food prices, which make up 18 per c More… |
