Prices of 149 Saudi commodities rise in November

Prices of 12 goods and services in Saudi Arabia decreased year-on-year (YoY) in November 2020, while prices of 149 out of 166 commodities rose, official data issued by the Saudi General Authority for Statistics (GASTAT) showed.

Starting from July 2020, Saudi Arabia began implementing a 15% value-added tax (VAT).

Out of the 91 food products, Indian cardamom local recorded the biggest rise by 74.56% YoY. It was followed by local canned orange juice with a 64.42% increase YoY.

On the other hand, dates and cucumber saw the steepest decline at 9.82% and 8.92% YoY, respectively.

Meanwhile, prices of all construction materials increased in November 2020 YoY.

Prices of all 11 fodder and livestock products increased in November on a YoY basis.

For clothes, prices of all 10 commodities saw an increase for the same month.

Three out four personal services saw a YoY rise in November, while price of one decreased.

Prices of all four detergents increased when compared to the previous year.

Elsewhere, prices of all healthcare services were up in the same period.

Similarly, prices of services under the maintenance and repair of personal means of transportation grew in November YoY.

Prices of both hotel and apartment services rose on an annual basis in November.

Under tobacco, prices of Marlboro cigarettes grew by 12.73% per pack YoY.

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