Saudi's real GDP to increase by 0.9pct in 2018


(MENAFN) Bank of America Merrill forecasted that the Saudi real GDP will increase by 0.9 percent through the coming year.

Furthermore, the bank's report projected that Saudi GDP will not increase this year, compared to 1.7 percent increase in 2016.

In addition, the kingdom's consumer price index is projected to grow by 5.5 percent amid 2018, against 3.5 percent in 2016.

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