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Saudi inflation seen at 3% in ’14

saudigazette

Monetary system continues to be awash with liquidity

Last updated: Saturday, June 28, 2014 10:37 PM

JEDDAH – Inflation in Saudi Arabia is likely to hover around 3 percent this year, with the recent sharp increase in commodity prices moderating by the 2H2014 and offset by lower imported inflation, the National Commercial Bank  (NCB) said in its “Saudi Economic Perspectives 2014-2015” report released recently.

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http://www.saudigazette.com.sa/index.cfm?method=home.regcon&contentid=20140629209865

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