Middle East Economic Survey

VOL. LIII

No 52

27-Dec-2010

SAUDI ARABIA

Saudi Annual Inflation Rate Remains Unchanged at 5.8%, Says SAMA

Saudi Arabias annual inflation rate remained unchanged from the previous month in November, posting a figure of 5.8%, the Saudi Arabian Monetary Agency (SAMA) said on 19 December (MEES, 29 November). This figure, the agency said, comes on the back of rising transport and housing costs in the kingdom. Although the global financial crisis has been seen to reduce...