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Saudi General Authority for Statistics

Saudi Inflation Rate Eased by 1.7%, General Statistics Authority Report
General Statistics Authority Report

Saudi Inflation Rate Eased to 1.7%, GASTAT Reports

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…

Saudi Oil revenues witness unprecedented peak
Saudi Oil revenues witness unprecedented peak

Saudi Oil revenues witness unprecedented peak

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…