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Logistics (MENA) 
Inflation in August edges up to highest level in two years
Housing, water, electricity, gas, and other fuels saw a 5.8% y-o-y increase during the month
Inflation cools to its lowest in five months in July
The slowdown was driven by lower price acceleration in housing, water, electricity, gas, and other fuels
Inflation marginally inches up in June
Housing, water, electricity, gas, and other fuels saw a 6.5% increase y-o-y during the month
Inflation falls slightly to 2.2% y-o-y in May
This keeps the Kingdom’s inflation just shy of its fastest pace in nearly two years
Inflation remains unchanged at 2.3% in April
This keeps the Kingdom’s inflation reading at its fastest pace in nearly two years
Inflation rises in March, but rent inflation is lowest in a year
This is the fastest rise in inflation since mid-2023
Inflation at 1.9% y-o-y in 4Q 2024 -Sama
Rent is the main culprit
Saudi’s 2024 inflation rounds out to 1.7%
Rent is the Kingdom’s biggest inflation driver
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