Saudi Arabia’s inflation reaches 1.7% in November: GASTAT
- Date: 14-Dec-2023
- Source: Arab News
- Sector:Financial Services
- Country:Saudi Arabia
Saudi Arabia’s inflation reaches 1.7% in November: GASTAT
RIYADH: Saudi Arabia experienced a subtle shift in its inflation rate in November, reaching 1.7 percent, slightly higher than the 1.6 percent recorded in October, according to official data.
The latest report from the General Authority for Statistics revealed that the marginal increase in inflation was propelled by the prices of housing, water, electricity, gas, and other fuels, which rose by 1.3 percent in November compared to the previous month. Saudi Arabia’s inflation reaches 1.7% in November: GASTAT
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