Saudi Arabia's annual inflation slows to 1.6% in August 2024

Posted on September 20, 2024   |  

Saudi Arabia's inflation rate stayed at 1.6% in August 2024, showing steady economic stability.

The stable inflation rate highlights the country's strong economic performance.

The Consumer Price Index (CPI) tracks the prices of 490 goods and services.

The items in the CPI are based on a 2018 survey of household spending and income.