Monday, April 28, 2008

Saudi inflation hits record 9.6%


Saudi inflation hits record 9.6%

Inflation has set a record of 9.6 percent in Saudi Arabia in March due to sharp
rises in rents and the price of food, an official new agency says....

Tell me about it! Ugh... ever rising prices. Although many compound rents have increased by at least 50% and are continuing to rise.

2 comments:

Marahm said...

Wow, that is really disappointing news. One of the joys of living in the Kingdom was its reasonably priced--and sometimes downright cheap-- goods and services. Sounds like those days are over.

MuslimMum said...

Assalamu alaikum stranger ;)

I'll think you'll find this is a trend all of the world, prices are going up everywhere. Petrol prices certainly arent helping.