Prices of housing, water and fuels – up 9.3% – contribute mainly to inflation, while prices of transportation and clothing come down
consumer price index
Saudi Arabia’s inflation falls 1.7% in September
Saudi Arabia’s CPI remained stable in September, continuing a trend of decreasing inflation, due to the kingdom’s prompt economic measures have contributed to this economic resilience, while specific sectors experienced varying price changes
Saudi inflation stable at 2%
Saudi Arabia inflation rate remains stable amid global concerns
US inflation dips to 2-year low
The data by the country’s Labour Department showed the Consumer Price Index grew at an annual rate of 3 percent – smallest since March 2021
US inflation falls to year’s lowest level in December at 6.5 percent
The fall in inflation has further fuelled speculation about easing of interest rate hike by the Fed
Saudi Arabia’s inflation peaks 3 percent in August, driven by transport, food
Both sectors, which are the main drivers of inflation, rose 4 percent each, the data showed
Inflation in Egypt surges to 14.6 percent, fastest in four years
Consumer prices climbed 14.6 percent from a year earlier in August, versus 13.6 percent the previous month, the state-run statistics agency CAPMAS said on Thursday
Gulf central banks follow US Fed move to raise interest rates to curb inflation
The Federal Reserve announced a consecutive 0.75 percentage point interest rate hike – in a bid to rein in inflation and avoid recession
Inflation, stagflation, slow growth: It’s time for a mid-year update
Record inflation triggers radical responses from central banks, pressuring activity and crushing all asset classes. It’s a regime shift and it’s not smooth, but we remain reasonably constructive
Surging inflation rate in US sparks fear of recession
The 9.1 percent increase was the highest in almost 40 years, prompting fears that rates will be hiked by almost 1 percent; Biden says data is “out of date”
Why inflation is here to stay
Ongoing geopolitical tensions and supply-side bottlenecks are driving a global increase in fuel and wheat prices
Investing in times of rising inflation
In order to minimise the damage inflicted by inflation to their returns, investors should consider conducting inflation trade – the shifting of a portfolio’s assets towards those more favourable to an inflationary environment
UAE central bank sees inflation picking up in second half
Gulf nation’s Consumer Price Index has been deflationary since 2019, weighed down mainly by its real estate basket, which accounts for more than a third of the gauge
Deflation takes hold in Abu Dhabi as housing costs fall
July drop in consumer prices was the biggest since at least 2015, and the sixth in seven months
Consumer prices in Saudi Arabia show year on year decline
Stronger activity in non-oil sector is causing price pressures to build, according to General Authority for Statistics
Saudi inflation forecast to rise over remainder of 2018
Capital Economics says underlying price pressures in Saudi Arabia are likely to pick up over the rest of this year