Saudi Arabia: Inflation edges up in September
October 15, 2015
In September, consumer prices rose 0.30% over the previous month, which was slightly below the 0.38% increase registered in August. The monthly print mainly reflected lower prices for recreation and culture and a more moderate rise in prices of housing, water, electricity and gas compared to August.
Inflation came in at 2.3% in September, which was slightly above the 2.1% tallied in August. September’s print marked a nine-month high. Annual average inflation ticked down from August’s 2.3% to 2.2% in September, which marked the lowest rate since November 2006.