
December 1, 2023
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According to recent report by the General Authority for Statistics (GASTAT), the Saudi inflation rate eased further to 1.7% in September, indicating a stable and well-managed economy. Inflation is an important economic indicator that reflects the overall increase in the prices of goods and services in a country. In Saudi…
Official data released recently showed that Saudi Arabia’s oil revenues increased in August by 60.2%, compared to the same period in 2021.  The oil prices supported the revenues of Saudi oil exports, which recorded a huge jump last August on an annual basis. The report of the Saudi General Authority…