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Saudi Arabia scores highest inflation rate in the GCC

14 Sep 2013 08:54

Islam Times - A new report shows that Saudi Arabia overall inflation rate is by the highest of all GCC countries.

Saudi Arabia inflation rate rose by 3.7% this July - 2013- in comparison to last year's recorded rate.

Al-Riyadh - local Saudi newspaper- noted that Bahrain came close second with 3.6%, followed by Qatar 3.1%, Kuwait 2.9%, Oman 1.5% and the UAE which registered the lowest rate with 1.3% .

Story Code: 301662