Browse
related articles
Saudi inflation to drop in 2009
- Saudi Arabia: Thursday, July 31 - 2008 at 11:56
Inflation in Saudi Arabia will average 11-12% this year and is expected to drop slightly to 10% in 2009. A report by Samba Financial Group said that government spending and less likelihood of a rise in US interest rates any time soon mean that domestic liquidity growth is likely to remain pronounced. Food prices and rent are the most immediate cause of inflation in the kingdom.
Also consider reading:
Today's top stories
Week's top stories
Browse
related articles
- » Abu Dhabi to 'pick and choose' Dubai support
- » Samsung halts Dubai bridge work amidst Dubai debt crisis
- » Moody's: UAE banks with largest exposures to Dubai World remain on review
- » Dubai World announcement serves as wake-up call to world markets
- » Emirate of Abu Dhabi 'AA/A-1+' sovereign ratings affirmed; outlook stable
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Staff
