KPMG is pleased to present its report on inflation in the Kingdom called ‘Inflationary Trends in Saudi Arabia’. The report analyzes the impact of the value-added tax (VAT) introduced last year and also the energy price reforms on inflation and business.
The paper also analyzes and summarizes the inflationary trends in Saudi Arabia starting from 1964 till 2019. The objectives are to assess the primary causes of inflation in the past and the current deflationary situation.
Dr. Hussain Abusaaq
Chief Economist and Head of Research, KPMG in Saudi Arabia