Thursday 14 July 2022

#Saudi June inflation up slightly to 2.3% | Reuters

Saudi June inflation up slightly to 2.3% | Reuters

Saudi Arabia's consumer price index climbed 2.3% in June, inching back up to a pace reached in April, as prices were again pushed higher by rising food, beverage and transport costs, government data showed on Thursday.

Food and beverage prices rose 4.4%, and transport was up 2.5%, Saudi Arabia's General Authority for Statistics said in a statement.

Consumer prices rose 0.2% in June compared to the previous month.

In May, inflation was at 2.2% on a yearly basis and 0.1% on a monthly basis. read more

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