Saudi inflation remains steady at 4.1% Y-o-Y, accelerates to 0.3% M-o-M in June
Saudi inflation remained steady on yearly bases at 4.1% in June compared to May, but accelerated to 0.3% M-o-M in June from no growth in May. Food and Beverages prices slowed to 0.1% Y-o-Y in June from 0.3% Y0-o-Y in May, but accelerated to 0.3% M-o-M in June after falling 0.3% M-o-M in May. Housing and utility prices edged down to 7.4% Y-o-Y in June from 7.7% Y-o-Y in May, and slowed to 0.1% M-o-M in June from 0.2% M-o-M in May. (CDSI)
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