Moody's has raised its forecast for the Kingdom's economy to grow next year to 4.6 percent, to record 4 percent in 2025.
In parallel, inflation in Saudi Arabia recorded its lowest level in nearly two years at 1.6 percent in October, year-on-year, the same rate recorded in February last year at 1.6 percent, the lowest in the G20.
The consumer price index in the Kingdom continued to slow in September, for the fourth consecutive month, recording 1.7 percent, compared to the same period last year.
Source (Al-Sharq Al-Awsat Newspaper, Edited)
