Saudi Inflation Rate 2024. Consumer price report for june on thursday, with headline inflation expected to slow to 3.1% from 3.3% in may, and core inflation seen steady at 3.4%. February’s figure represented the highest inflation rate since august 2023.
Main downward pressure came from food & beverages (0.9% vs 1.3%), recreation & culture (0.7% vs 1.6%), and restaurants & hotels (2.4% vs 2.5%). The other important xau/usd news will be the upcoming us inflation data scheduled on thursday.
Saudi Standard Classification Of Occupations ;
Consumer price inflation in saudi arabia averaged 1.8% in the ten years to 2022, below the middle east & north africa regional average of 5.4%.
Focus Will Also Be On The U.s.
Inflation, consumer prices (annual %) in saudi arabia was reported at 2.4741 % in 2022, according to the world bank collection of development indicators, compiled from officially recognized sources.
Saudi Inflation Rate 2024 Images References :
Saudi Arabia Inflation Rate For 2021 Was 3.06% , A 0.38% Decline From 2020.
After that, a fall followed a growth several times.
For 2022, An Inflation Rate Of 2.5% Was Calculated.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.