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King seeks inflation answers
2007-10-07 - AME Info | Saudi Arabia | Latest News - Saudi Arabia's King Abdullah has summoned the kingdom's Interior Minister, Prince Nayef bin Abdul Aziz, and several provincial governors to discuss rising inflation, reported Reuters. Inflation reached 4.4% in August, its highest level in seven years, due to rising rents and food prices and also the dollar's ongoing decline. Prince Nayef was quoted in one local newspaper saying the problem may have been blown out of proportion.  

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