Saudi Arabia: Inflation in November recedes from October's a nearly one-year high
December 10, 2015
In November, consumer prices rose 0.07% over the previous month, which was below the 0.30% increase tallied in the previous month. The softer increase in prices mainly reflected a decline in costs for communications, food and beverages as well as for transportation.
Inflation came in at 2.3% in November, which was slightly below the 2.4% tallied in October. October’s print had marked an 11-month high. Annual average inflation in November was stable at the previous month’s 2.2%, thereby remaining at the lowest rate since November 2006.