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Saudi central bank sees price stability soon

 
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Kirk
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PostPosted: Tue Feb 21, 2012 7:06 am    Post subject: Saudi central bank sees price stability soon Reply with quote

The Saudi Arabian Monetary Agency (SAMA) has said that relative price stability or a slight decline in inflationary pressures is expected in the near-term, Reuters has reported. "There are two factors that may... lead to the expectation of a relative stability or a slight decline in the inflationary pressures in the coming period," SAMA said in its latest inflation report. "These include a decline in world food prices, and relative stability in the domestic market."
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