Housing to boost Saudi inflation in Q1
Housing will help keep Saudi Arabia's inflation rising during the first quarter, but it will remain below 1.5%, the kingdom's central bank said in a report. Most of the inflationary pressures in the kingdom come from the renovation, home rent and fuel group, the report said. The home rents index rose 14.2% in 2009 up from an average 5.3% per year over the previous five years




