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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Fatehelrahman Yousif and Mohammed Al-Mutairi

BIZARRE: Saudi inflation continues to decline | Mind Blowing Facts

The inflation index records monthly decline in Saudi Arabia. (SPA)

Saudi Arabia’s inflation rate dropped to 2.7 % in March, against 3 % recorded in February, according to the latest report released by the General Authority for Statistics (GASTAT).

The consumer price index bulletin of March attributed the Kingdom’s low inflation to the strength of the Saudi economy and the measures taken to deal with the supply chain crisis after the outbreak of the coronavirus pandemic.

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