Nawaf Y. Husein
Faculty Member
Msc, CRP , CLBB
Saudi Training Society Member
Institute of Banking
Saudi Arabian Monetary Agency ( SAMA)
P.O.Box : 10820 Riyadh 11443 Saudi Arabia
Tel : + 966 1 463 3000 Ext. 3825
Fax: + 966 1 466 2368
Mobile : + 966 55 48 44 828
SKYPE : abuhejleh2
Dear all,
Please find attached a report that looks at the May inflation data, released earlier today. Year-on-year inflation fell to a 16-month low of 4.6 percent in May. The ongoing decline in rents and lower food prices more than offset small rises elsewhere.
Regards,
Paul Gamble
Head of Research
Jadwa Investment
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