Saudi Arabia’s consumer price index(CPI) rose 2.3% from a year earlier in April, mainly due to a rise in transport, food, and beverages.
Prices of personal goods and services increased by 2.8 percent, owing to increases in jewelry, clocks, and watches.
In Saudi Arabia, the most important categories in the consumer price index are Food and beverage which is 22 percent of total weight; Housing, water, electricity, gas, and other fuels being 21 percent; Transport is 10 percent; Furnishings, household equipment, and the routine household being 9 percent; and Clothing and footwear, and Communication (8 percent each).
The index also includes Miscellaneous goods and services (7 percent); and Restaurants and hotels (6 percent). Recreation and culture, education, health, and tobacco account for the remaining 9 percent.
This report’s information was first seen on reuters.com; to read more, click this link.
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