Saudi Arabia annual inflation rate falls to 1.9 per cent

Saudi Arabia’s annual inflation rate fell moderately to 1.9 per cent in November from 2.2 per cent October, according to government data.

Inflation based on the consumer price index has hovered around 2.1 per cent to 2.3 per cent for most of the year, propped up by rising housing prices.

Housing rental prices rose 5.4 per cent, while passenger transport prices increased 6.4 per cent, according to Saudi Arabia’s General