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Inflation in Saudi Arabia rises to 4.9% in March 2021


Inflation in Saudi Arabia rises to 4.9% in March 2021
15/04/2021
Argaam Special
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Saudi Arabia’s inflation accelerated to 4.9% in March 2021, according to recent data by the General Authority for Statistics (GASTAT).
 
The authority attributed the growth in inflation to an increase in the value-added tax (VAT) from 5% to 15%, starting July 1, 2020.
 
The cost-of-living index for March rose to 103.72 points, according to the base year 2018, compared to 98.83 points the year before.
 
 
The increase in consumer price index (CPI) was mainly driven by a rise of 10.2% year-on-year (YoY) in the average prices of food and beverages and a 10.5% increase in the transport sector, as vehicle prices grew by 9.6%. ....

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Statistic Dept: Malaysia's CPI fell 0.2pc yoy in January 2021 | Money


Wednesday, 24 Feb 2021 12:44 PM MYT
A customer counts his change at a wet market in Kuala Lumpur. Picture by Saw Siow Feng
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KUALA LUMPUR, Feb 24 Malaysia’s Consumer Price Index (CPI) declined 0.2 per cent to 122.1 last month from 122.4 in January 2020, said the Department of Statistics Malaysia (DoSM).
In a statement today, chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the decrease in the overall index was attributed by the decline in Transport (-5.1 per cent), Housing, Water, Electricity, Gas and Other Fuels (-0.7 per cent), Clothing and Footwear (-0.4 per cent) as well as Restaurants and Hotels (- 0.1 per cent) which contributed 44.5 per cent to the overall weight. ....

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