Saudi: Consumer Price Index for April 2022 increased by 2.3% – Gulf Insider

The General Authority for Statistics (GASTAT) revealed that in April 2022, the Consumer Price Index (CPI) increased by 2.3% compared to April 2021, up from 2.0% in March 2022. The rise of the CPI resulted mainly from higher prices of transport (+4.6%) and food and beverages (+4.3%).

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According to the Consumer Price Index for April 2022, released Sunday by GASTAT, the transport prices increased by 4.6%, due to the increase in gasoline prices by 9.5%, as well as Purchase of Vehicles prices (+4.1%).

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Food and beverages prices increased by 4.3%, mainly due to the increase in food prices by 4.6%, in particular, meat prices (+3.5%) and vegetable prices (13.5%). Education prices increased by 6.2%, mainly resulting from an increase in secondary education fees by 19.2%. Restaurants and hotels prices increased by 3.2%, due to an increase by 2.8% in catering services prices.

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Works as an in-house Writer at Gulf Tech Plus and focuses on the latest smart consumer electronics. Closely follows the latest trends in consumer IoT and how it affects our daily lives. You can follow him on Facebook, Instagram & YouTube.

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