The high level of inflation in Saudi Arabia to 4.7

The high level of inflation in Saudi Arabia to 4.7

According to Alalam.ir Website : The statistics office said the Saudi, the rate of inflation in the second quarter of this year record a growth of 4%7 compares the corresponding quarter of previous yearHe pointed out that the average annual inflation in this year hit since the beginning of the year until the end of the second quarter of the same year by 4%1% for the same period of 2009, and the proportion of 9%The bureau said there are many factors affect the rate of domestic inflation, notably the relative changes in the demand side due to the increase of government spending and private spending and their impact on the level of liquidityIt is noticeable rise in the level of inflationary pressures in the Saudi economy during the second quarter of this year, with quarterly inflation rate rose from 0%The IMF expects inflation to rise in emerging economies and developing countries in the current year up to 6%1 in the last year, while the expected rates of inflation in developed economies towards the 2% ...
Original Text At Alalam.ir