Saudi Arabia’s inflation jumps 6.1 percent following VAT tax hike
- Date: 16-Aug-2020
- Source: Al Arabiya
- Sector:Economy
- Country:Saudi Arabia
Saudi Arabia’s inflation jumps 6.1 percent following VAT tax hike
Saudi Arabia's consumer price index jumped 6.1 percent in July compared with a year earlier, boosted by a tripling of value-added tax, official data showed on Sunday.The inflation rate in June was 0.5Saudi Arabia's consumer price index jumped 6.1 percent in July compared with a year earlier, boosted by a tripling of value-added tax, official data showed on Sunday.The inflation rate in June was 0.5
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