Saudi to record surplus rise in current financial year


(MENAFN) Saudi Arabia is set to register another financial year surplus this year, while Inflation rates have been sustained at their current levels, The Saudi Gazette reported.

Despite these facts, both the sectors of food and beverages recorded their slowest pace in almost four years, only increasing 2.8 percent in their annual rate.

Meanwhile, real estate prices continued to increase as the youth population began seeking their own assets. The housing and utilities category accelerated at a rate of 4.1 percent on year, slightly above the January-June period average.


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