• Inflation falls to lowest level in 13 months

    14/11/2013


     
    Amounted to 3% in October last year and according to the 'Department of Statistics'
    Inflation falls to lowest level in 13 months
     
     
     

     
     

    The inflation rate in Saudi Arabia during the month of October last year to 3 percent, its lowest level in 13 months. According to the Department of statistics and information, total cost-of-living index 116.16 points during the month of October 2013, compared with 124.1 points in October 2012. Recorded nine sections of the main sections of the cost-of-living index in standard indicators. The furnishing and equipment section of the House and maintained in the intro sections high by 6.7 per cent, followed by food and beverage section 5.2 percent, education by 3.7 per cent, then the health section by 3.6 percent, housing, water, electricity, gas and other fuels, 3.5 percent, and recreation and culture by 3.4 percent, and restaurants and hotels of 3.2 per cent and 1.8 per cent of the communications section, and finally the tobacco section height of 0.9 per cent.
    In contrast, three sections of the main sections of the cost-of-living index lower on standard indicators, namely, CTO by 1.3 percent, miscellaneous goods and services 1.1 percent, and clothing and footwear grew by 1.0 per cent. According to the report of the Central Department of statistics and information that the cost of living for the month of October 2013 rose 0.4 percent at 127.8 points for ' 127, 3 points for the month of November (November), due to the rise of the eight sections of the main components of the cost-of-living index in standard indicators.
    According to the report, the Education Department issued in sections index cost-of-living index by 3.7 per cent, then the Department of recreation and culture 2.3 percent, restaurants and hotels by 1.3 percent, followed by furniture and home equipment section and maintenance by 0.09 percent, and clothing and footwear by 0.6 per cent, as well as the food and beverage Department of 0.4 per cent, health 0.3 percent, While the communications section less sections a rise of 0.2 percent. On the contrary one of the partitions section of log home components of cost-of-living index in standard indicators for the month of October and is the transport section which dropped by 0.7 percent, while tobacco sections, and housing, water, electricity, gas and other fuels, and miscellaneous goods and services at prices previously had not changed.
     

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