Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi inflation pressures ease in April  Join our daily free Newsletter

MENAFN - - 12/05/2012

No. of Ratings : 0
Digg This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093512451%26title%3dSaudi-inflation-pressures-ease-April Share This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093512451%26title%3dSaudi-inflation-pressures-ease-April Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


 


(MENAFN) Saudi Arabian economists said that the kingdom's consumer price inflation rate slowed to 5.3 percent year-on-year in April from 5.4 percent in March.

The experts explained that prices rose 0.2 percent in April from a month earlier. The inflation rate was recorded at 5.4 percent in February.

They expected inflation stay flat or slightly drop as global food prices continue to decline, and relative stability in the domestic market.

From another side, a report released by Standard & Poor's Ratings Services said that Saudi Arabia's external and fiscal positions are strong, adding that it has reduced its general government debt through prudent macroeconomic management.

Foreign currency assets under management of the Saudi Arabia Monetary Agency (SAMA) increased to around USD570 billion in March (covering 26 months of current account payments) from around USD100 billion in 2003 (covering 14 months of current account payments).

 






  MENA News Headlines
May 19 2013GCC's 2011 GDP at USD1.4tr: Fakhru ,MENAFN
(MENAFN) Bahrain's minister of trade and industry, Hassan Fakhru, stated that in 2011, the Gulf Cooperation Council's (GCC) gross domestic product (GDP) stood at around USD1.4 trillion, reported ...

May 19 2013Tunisia ups security as Salafists vow to defy ban ,Arab News
(MENAFN - Arab News) Tunisian security forces deployed in strength yesterday after Salafist movement Ansar Al-Sharia called on its hard-line supporters to defy a government ban on its annual ...

May 19 2013Saudi- Capital Market Authority To Organize Workshop On Corporate Governance ,Saudi Press Agency
(MENAFN - Saudi Press Agency) The Capital Market Authority (CMA) has called on the members of the boards of directors of companies listed on the Saudi Stock Exchange to participate in a workshop on ...

May 19 2013 Qatar Finance and Business Academy Unveils "Kawader" Program ,Qatar News Agency
(MENAFN - Qatar News Agency) Qatar Finance and Business Academy (QFBA) has recently unveiled its new program 'Kawader', which targets Qatari students attending universities or colleges in their third ...

May 19 2013Qatar Holding may invest in Versace: Report ,MENAFN
(MENAFN) Qatar Holding is said to be eying an investment in Versace, the famous Italian fashion house, reported Reuters citing Italian daily Il Sole 24 Ore. According to the report, Qatar Holding, ...

May 19 2013UAE- Man gets 4 years in jail for drug abuse ,Khaleej Times
(MENAFN - Khaleej Times) The RAK Criminal Court, presided over by Judge Yusuf Rajab, has ordered a young Emirati man, identified as B.N., to serve four years in jail over charges of consuming and ...

May 19 2013UAE- Gang arrested after power cable thefts ,Khaleej Times
(MENAFN - Khaleej Times) A gang of thieves has stolen more than 600 metres of power cables, said Western Region Police. Two Asian men have been arrested while the police are still looking for ...

May 19 2013UAE- Man accused of forging licence in brother's name ,Khaleej Times
(MENAFN - Khaleej Times) A jobless man, who had a driving licence issued to him in his brother's name using the latter's passport, has been charged with forgery and the use of forged documents in the ...

May 19 201311 Ladies-only taxis launched in Ajman ,Khaleej Times
(MENAFN - Khaleej Times) Women in Ajman will now have access to ladies-only taxis, similar to those that already run in other emirates. The Ajman Transport launched the service called the Mahra ...

May 19 2013UAE- Education grant for 15 ZU students ,Khaleej Times
(MENAFN - Khaleej Times) The Emirates Foundation for Youth Development, on Saturday, announced that 15 exceptional students from Zayed University have been selected as winners of the fourth round of ...

more...


 
MENAFN






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help