Inflation inches up to 1.6% in August
consumer prices nudged up 0.1% m-o-m
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consumer prices nudged up 0.1% m-o-m
The latest figures were calculated using the chain-linking method
PLUS: Saudia’s five-year expansion plans
Consumer prices inched up 0.1% m-o-m last month
Oil activity continued to weigh on the overall economy, declining 8.5% y-o-y
China remained Saudi’s largest trade partner
Amid a 10.5% surge in Housing rents
The downturn was once again due to a decline in oil activity, which fell by 10.6% y-o-y in the last…
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