Saudi inflation reaches 1.7% in April

Saudi inflation reaches 1.7% in April

Annual inflation rate or Consumer Price Index (CPI) in Saudi Arabia rose to 1.7 percent during the last month of April compared to the same month last year.

Saudi cost of living resists regional war pressures

CPI rose 1.7% year on year in April Luxury goods and rental prices up Manufacturing costs rise more steeply The cost of living remained stable in Saudi Arabia last month, government data shows, although manufacturing costs spiked upwards in March. The consumer-price index for April, released by the General Authority for Statistics (Gastat), showed a moderate increase of 1.7 percent year on year, compared with a 1.8 percent rise in March. Economi…