13 Mar 2014
(MENAFN) Headline inflation of Saudi Arabia reached 2.8 percent last month, its lowest level since four years, according to Arab News.
Fahad Alturki, head of research at Jadwa Investment, said: “This is mostly due to lower food inflation.”
Food and beverages prices boosted 4.6 percent year-on-year in February, while housing and utility costs increased 4 percent during the month.
Alturki said: “Our estimate of Saudi core inflation, which excludes food and rental, and housing-related services, slipped to 1.4 percent year-on-year and 0.03 percent month-on-month in February.”
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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