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Saudi inflation at 2.8%
2007-08-18 - AME Info | Saudi Arabia | Latest News - Saudi Arabia's Al Rajhi Bank and Investment Corporation has said inflation in the kingdom should rise to 2.8% this year, up from 2.2% last year, reported Arab News. Official date suggested inflation was actually at 3.1% in June, due to increased costs of food and housing. A separate report by Citigroup suggested inflation would average 2.7% in Saudi this year, with heavy investment in infrastructure driving up the costs of construction.  

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