Bloomberg News

Saudi Inflationary Pressure to Continue Through Second Quarter

May 12, 2012

Inflationary pressure in Saudi Arabia, the largest Arab economy, will continue in the second quarter in areas such as rent, food and beverages and commodities, the kingdom’s central bank said in a quarterly report posted on its website May 10.

To contact the reporter on this story: Glen Carey in Riyadh at gcarey8@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net


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