Saudi Arabia: Inflation stabilizes in December
January 10, 2016
In December, consumer prices rose 0.07% over the previous month, which matched the result tallied in the previous month. The increase mainly reflected an increase in prices for communications, clothing and health.
Inflation came in at 2.3% in December for the second consecutive month. Annual average inflation in December was stable at the previous month’s 2.2%, thereby remaining at the lowest rate since November 2006.