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FINANCIAL NEWS
Saudi Arabia records highest inflation in GCC
10 Sep 2013
(MENAFN) Oman’s National Centre for Statistics and Information (NCSI) reported that Saudi Arabia recorded the highest inflation rate in the GCC with 3.7 percent, while the second highest was recorded by Bahrain with 3.6 percent. The third was recorded by Qatar with 3.1 percent, according to Saudi Gazette.
The consumer monthly price also recorded its highest level with 1.2 percent increase in Oman. The second highest was the Bahraini with 0.8 percent, while Saudi recorded the third with 0.4 percent.
The inflation in the economies of the emerging and developing markets would reach 6 percent in 2013 compared to 1.5 percent in the developed economies.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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