Middle East Economic Survey

VOL. LIV

No 21

23-May-2011

SAUDI ARABIA

Jadwa: Saudi Arabia Sees First Rise In Year-On-Year Inflation For Eight Months

Owing to higher international food prices, Saudi Arabias year-on-year inflation rose to 4.8% in April, constituting the first rise in the indicator for eight months, Jadwa Investment noted in its latest Inflation Report. Whereas historically the three main sources of price rises have been food, rents and other expenses and services, it is notable...