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Saudi Arabia Inflation November 2023

Saudi Arabia: Inflation rises in November

Inflation edged up to 1.7% in November, slightly above October’s 1.6%. The acceleration was primarily driven by rising prices for food and non-alcoholic beverages.

The trend pointed down slightly, with annual average inflation coming in at 2.5% in November (October: 2.6%).

Lastly, consumer prices increased 0.18% in November over the previous month, largely in line with October’s 0.13% rise. November’s figure was the highest reading since June.

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