Register | Forgot password?
Switch to Arabic
Thursday, November 12 - 2009

Saudi inflation hits 30-year high

  • Saudi Arabia: Wednesday, September 03 - 2008 at 11:06

The annual inflation rate in Saudi Arabia surged to 11.1% in July, a 30-year high, according to the kingdom's Central Department of Statistics. The country's cost of living index hit 117.3 on July 31, compared with 105.6 points a year earlier. Food and beverage costs rose 16% in July compared with an increase of 15.8% in June while the rental index jumped 19.8% against 18.7% in June. compared to 10.6% in June, 10.4% in May and 10.5 per cent in April.

Also consider reading:

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.