Housing to boost Saudi inflation in Q1
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Housing to boost Saudi inflation in Q1

Housing to boost Saudi inflation in Q1

Housing will help keep Saudi Arabia's inflation rising during the first quarter, but it will remain below 1.5%, the kingdom's central bank said in a report. Most of the inflationary pressures in the kingdom come from the renovation, home rent and fuel group, the report said. The home rents index rose 14.2% in 2009 up from an average 5.3% per year over the previous five years

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    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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