Inflation

Smartphone shipments are shrinking globally due to inflation.

Global smartphone shipments fell to their lowest quarterly figure in two years, amid waning consumer confidence on rising inflation and recession fears. Data from Canalys and research firm Counterpoint revealed that the second quarter saw a 9% drop in smartphone shipments to nearly 290 million units shipped. It is noteworthy…

July 31, 2022

ILO commends Saudi achievements in the field of occupational safety and health

Business

Inflation in Saudi Arabia rises by 2.2% in May

The consumer price index (inflation rate) increased in Saudi Arabia by 2.2% during May 2022, compared to the same month last year. The Saudi General Authority for Statistics announced today, Wednesday, that the main driver of consumer price index inflation was a 4.2 percent increase in food and beverage prices,…

June 15, 2022

Inflation

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