Inflation marginally inches up in June
Housing, water, electricity, gas, and other fuels saw a 6.5% increase y-o-y during the month
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Housing, water, electricity, gas, and other fuels saw a 6.5% increase y-o-y during the month
Riyadh office rents hit record highs as PIF snaps up space
This is the highest inflation figure recorded for a quarter since 3Q 2023
The Fed now expects weaker economic growth and higher unemployment
This keeps the Kingdom’s inflation just shy of its fastest pace in nearly two years
Global growth is set to fall below 3% for the first time since the pandemic
The firm sees GDP growth accelerating to 3.5% in 2025 and 4.2% by 2026
This keeps the Kingdom’s inflation reading at its fastest pace in nearly two years
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