Saudi Arabia’s inflation rate accelerated to 2.8 percent in November 2018, the latest figures from the General Authority for Statistics (GASTAT) showed.
The cost of living index leveled up to 106.5 points in November, compared to 103.6 points in the same month last year.
The GASTAT changed the base year for the consumer price index to 2013 from 2007 and adjusted the basket of goods and services.
|
Saudi Inflation Rate |
|
|
Month |
Inflation rate* |
|
January 2017 |
(0.6%) |
|
February |
(0.6%) |
|
March |
(0.7%) |
|
April |
(0.7%) |
|
May |
(0.8%) |
|
June |
(0.5%) |
|
July |
(0.8%) |
|
August |
(0.8%) |
|
September |
(0.8%) |
|
October |
(1.2%) |
|
November |
(1.7%) |
|
December |
(1.1%) |
|
January 2018 |
+3.0% |
|
February |
+2.9% |
|
March |
+2.8% |
|
April |
+2.5% |
|
May |
+2.3% |
|
June |
+2.1% |
|
July |
+2.2% |
|
August |
+2.2% |
|
September |
+2.1% |
|
October |
+2.4% |
|
November |
+2.8% |
*Updated for base year 2013
Prices of ten main groups in the Consumer Price Index (CPI) basket increased, led by transportation, which increased 12 percent in November. It was followed by Tobacco (10.2 percent) and Hotels & Restaurants (8.6 percent).
Apparel & footwear, along with housing, water, electricity, gas and fuel also saw a decline during the same month.
The following table shows the most important changes in the main groups in the CPI between November 2017 and 2018:
|
CPI YoY comparison (November 2018/2017) |
|
|
Main Groups |
Variation (%) |
|
Transportation |
+12.0% |
|
Tobacco |
+10.2% |
|
Hotels & Restaurants |
+8.6% |
|
Food & Beverages |
+7.7% |
|
Home Furniture & Maintenance |
+4.6% |
|
Healthcare |
+4.0% |
|
Entertainment & Culture |
+3.8% |
|
Telecommunications |
+1.3% |
|
Goods & various services |
+0.6% |
|
Education |
+0.2% |
|
Housing, Water, Electricity, Gas and Fuel |
(3.1%) |
|
Apparel & Footwear |
(4.5%) |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}