The data of the Saudi General Authority for Statistics showed that the inflation index for the month of October 2021 increased by 0.8% on an annual basis, compared to an increase of 0.2% in the previous September, amid a rise Prices for transportation and food and beverage packages.
According to Arabiya Net, the authority clarified in its monthly report, today, Monday, that the transport group recorded an increase of 6.4% during the past month, affected by the increase in the prices of operating personal transport equipment by 21.5%, which in turn was affected by the increase in gasoline prices by 47.9% on an annual basis.The authority indicated that the rise in the transport group had an impact on the rise in annual inflation, given its weight in the index.
It stated that the food and beverage group rose by 1.4% in October, due to a 1.5% increase in food prices year-on-year.
The authority monitored a 1.2% increase in the communications group, affected by the 2.3% increase in the prices of telephone and fax services, while the education group recorded a 4.8% increase amid the rise in the prices of intermediate and secondary education. By 13.6%.
The prices of the restaurants and hotels group increased by 1.5%, affected by the increase in the prices of hotel services and furnished apartments by 3.9%, in addition to the increase in entertainment prices by 1.2% due to the pressure of rising Prices of audio-visual equipment, photographic equipment and information processing at a rate of 2.5%.
On the other hand, the clothing and footwear group recorded a decline of 1.6 percent, affected by a decrease in clothing prices by 1.2 percent, while the prices of housing, water, electricity, gas and other fuels declined by 2.6 percent. %.
On a monthly basis, the October CPI rose 0.2%.
The monthly inflation index was affected by the rise in education by 3.9%, and restaurants and hotels by 1.1%.
Transportation prices decreased by 0.5% month-on-month, as were food and beverages by 0.4%, and health by 0.3%.
On the other hand, the prices of communications services, entertainment and culture, and various personal goods and services did not register any change in October compared to the previous month.