Saudi inflation slows for 3 months in a row
- Date: 15-May-2023
- Source: Al Bawaba
- Sector:Financial Services
- Country:Saudi Arabia
Saudi inflation slows for 3 months in a row
ALBAWABA – The annual Saudi inflation rate slowed down for the third month in a row since February, having stabilized at 2.7 percent since March, according to Bloomberg.
On the other hand, the price index for housing, water, electricity, gas and other energy sources marked an increase by 8.1 percent. Whereas food and beverages also jumped by 0.1 percent, Al Eqtisadiya reported.
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