20 Jun 2016
(MENAFN) Saudi Arabia’s inflation declined to 4.1 percent last month from 4.2 percent in April, whereas transports costs jumped to 11.3 percent from a year earlier.
Additionally, prices of housing and utilities jumped 7.7 percent, while food and beverage prices increased 0.3 percent.
Moreover, the increase was impacted by an upward trend in global food prices, with the IMF food price index posting its first year-on-year increase.
Accordingly, money supply continued to trend downwards in May, due to a larger negative contribution from demand deposits.
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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
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