Saudi Arabia: Inflation Rate Hikes Up in September

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Saudi Arabia

Saudi Arabia: Inflation Rate Hikes Up in September

The annual inflation rate in Saudi Arabia has inched up to the highest mark since June at 0.6% in September of 2021 from 0.3% in August.

The biggest pressure on consumers was from the prices of food and beverages which hiked to 2.4% from 1.9% in August. The vegetable prices soared 12.5%, meat, and poultry 2%.

Also, according to the Saudi Central Department of Statistics & Information, prices were up 0.2%, accelerating from a 0.1 percent rise on a monthly basis from August.

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