Saudi inflation inches up 0.8% in October on higher fuel prices

Saudi Arabia's consumer price index increased by 0.8% in October from a year earlier and was 0.2% higher on the month, government data showed on Monday.

The annual increase was driven by higher prices for transport, which went up 6.4%, and food and beverages, up 1.4%, the General Authority for Statistics said.

Higher transport costs were mainly the result of a 47.9% annual increase in gasoline prices, it added.




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