Saudi annual inflation rate rises to 2.7% in July driven by high food prices

Follow-ups -eshrag News:

Mon, 2022-08-15 08:54

RIYADH: Saudi Arabia’s annual inflation rate accelerated to 2.7 percent in July, from 2.3 percent in June, according to the recent data released by the General Authority for Statistics, also known as GASTAT.

The uptick in the inflation rate is driven by a rise in food and beverage prices, GASTAT added. 

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Business & Economy

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