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Saudi Arabia's annual inflation rate holds steady at 2.3% in April: GASTAT

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RIYADH: Rentincreases and fuel price rises helped Saudi Arabia post aninflation rate of 2.3 percent in April — the same level as a year earlier — official data showed. According to the latest figures from the General Authority for Statistics, a 6.8 percent increase in the cost of housing, water, electricity, gas, and other fuels contributed to the rise. Within this category, rents paid for housing rose by 8.1 percent, driven by an 11.9 percent spike in apartment rental prices, a category that holds significant weight in the overall index.

Arab News     May 15, 2025