Saudi consumer prices fall in August for eighth month in a row

FILE PHOTO: A Saudi woman sits in her shop at heritage village during Gulf Coastal Cultural Festival at Dammam Corniche, Dammam, Saudi Arabia April 20, 2018. REUTERS/Hamad I Mohammed September 24, 2019
BEIRUT (Reuters) – Saudi Arabia’s consumer prices fell in August from a year earlier for the eighth month in a row, but the consumer price index (CPI) rose slightly on a monthly basis, government data showed on Tuesday.
The CPI index fell 1.1% in August on an annual basis and rose 0.1% when compared to July, data from the General Authority for Statistics showed.

(Writing by Lisa Barrington)


(function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = ‘https://connect.facebook.net/en_US/all.js#xfbml=1’; fjs.parentNode.insertBefore(js, fjs); }(document, ‘script’, ‘facebook-jssdk’));


Source link