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Saudi Arabia Inflation February 2023

Saudi Arabia: Inflation rises in February

Consumer prices increased 0.31% over the previous month in February, which was stronger than January’s 0.15% increase. February’s print reflected higher prices for food and beverages, transport, and clothing and footwear.

In February, inflation increased to 1.6% from 1.2% in January. Meanwhile, annual average inflation decreased from 2.7% in January, to 2.4% in February.

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