2023-11-15 19:16:05
Inflation has come down once more in Saudi Arabia. Inflation eased to 1.6 percent in October, Gustat said. The lowest rate in 20 months was recorded in October.
The new economic review report states that the proposals and regulations designed to control inflation in Saudi have yielded results. The Economic Review Report, which ended in October, pointed out that inflation in the country has come down. The report was released by the General Authority for Statistics Gustat.
The cost of living index rose to 109.86 points in October. Prices of furniture, household appliances, ready-made garments and footwear have been reduced by three to six percent. But the rent of flats and apartments continued to increase in October. And the prices of milk, milk products and eggs also experienced an increase in the last month. Various schemes are being implemented in the country in collaboration with various ministries to control inflation. Strict inspection of the market is also going on under various authorities.
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