Saudi Arabia: Consumer prices decline at softest pace in seven months in July
August 27, 2019
Consumer prices rose 0.1% over the previous month in July, following June’s 0.2% increase. The result mainly reflects higher prices for furnishings, household equipment and maintenance, health and transportation.
In July, consumer prices fell 1.3% in annual terms, above the 1.4% drop in June and the softest decline so far this year. Meanwhile, the annual average variation in consumer prices declined from June’s 0.2% increase to a 0.1% drop in July.