Saudi Arabia: Inflation increases in December
Consumer prices fell 0.10% over the previous month in December, which contrasted November’s 0.21% increase. December’s print reflected falling prices for food and beverages, clothing and footwear, and utilities.
In December, inflation rose to 1.2% from 1.1% in November. Meanwhile, annual average inflation decreased from 3.4% in November, to 3.1% in December.