FYI
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,
Year-on-year inflation eased again in August, slipping to 3.8 percent from 4 percent in July, the lowest level since October 2009. Lower food and rental inflation caused most of the fall, yet both remained the most contributor adding 2.8 percentage point to the rise in the overall inflation index.
Regards,
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