Saudi Arabia's annual inflation rose to 4.3% in December, its highest level since September, the Saudi Press Agency has reported. The kingdom's inflation reached 4% on an annual basis in November after retreating to 3.5% in October, its lowest level since June, 2007. Saudi inflation hit a record high of 11.1% in July 2008. The Saudi cost of living index stood at 125.2 points in December, up from 120.1 points a year earlier, SPA said.
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