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Saudi Arabia’s shopper value index rose 0.4% in July from a 12 months earlier and was up 0.2% month on month, authorities knowledge confirmed on Sunday.
That in contrast with an increase of 6.2% in June, the final month affected by the rise in worth added tax (VAT) in July final 12 months, Saudi Arabia’s Normal Authority for Statistics stated.
The July knowledge confirmed the CPI rise stemmed from greater costs within the transport sector, which rose 7.8%, and a 1.2% rise in meals and drinks.
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