Kingdom inflation rises 1.8% in July
The Kingdom of Saudi Arabia experienced an inflation rate increase of 1.8% in July, driven by rising housing and rental prices, along with higher costs for food and transportation. This rise reflects the impact of economic changes on consumers, as producer prices also increased by 8.5% in June. These figures indicate a balance between rising living costs and production expenses, with inflationary pressures continuing to affect the Saudi economy.
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