Saudi Arabia: Inflation rises in February
Consumer prices increased 0.31% over the previous month in February, which was stronger than Januarys 0.15% increase. Februarys 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.