Saudi September inflation at 5.7 % - SAMA

Inflation was 5.7% in September versus 6.2% in August and 6.1% in July, when the VAT hike came into effect

  
The King Fahd highway in Riyadh, Saudi Arabia. Image use for illustrative purpose

The King Fahd highway in Riyadh, Saudi Arabia. Image use for illustrative purpose

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CAIRO  - Saudi Arabia’s annual inflation rate fell back in September after jumping following the tripling of value-added-tax, central bank data showed, SAMA said on Friday.

Inflation was 5.7% in September versus 6.2% in August and 6.1% in July, when the VAT hike came into effect.

(Reporting By Ahmed Tolba) ((ahmed.tolba@thomsonreuters.com; +20223948100;))

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