May 16, 2017 / 6:49 AM / 3 months ago

TABLE-Saudi consumer price deflation deepens in April

    May 16 (Reuters) - Saudi Arabia's Central Department of
Statistics released the following April consumer price data on
Tuesday, showing consumer prices dropping year-on-year for a
fourth straight month.
    In January, inflation turned negative for the first time in
over a decade.

SAUDI CONSUMER INFLATION       04/17     03/17     04/16     
pct change month/month           0.1      -0.1       0.2 
pct change year/year            -0.6      -0.4       4.2
    
NOTE. Food and beverage prices fell 2.6 percent from a year
earlier in April, partly because of a strong U.S. dollar, to
which the Saudi riyal is pegged, compared to year-earlier
levels.
    Prices of housing and utilities rose 0.5 percent but
transport costs dropped 2.2 percent.

 (Reporting by Andrew Torchia; Editing by Andrew Heavens)
  

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