The General Authority for Statistics (GASTAT) revealed in its monthly report that the prices of actual residential rents increased by 9.3% in January, compared to the same month of last year, influenced by the increase in prices of villas by 8.2%.3% in January, compared to the same month in 2023, influenced by the increase in villa rental prices by 8.2%, and the rise in this group had a significant impact on the rise in annual inflation for the month of January due to its large weight in the index of 21%.

According to the statistics report, the actual residential rental prices in the Kingdom increased by 9.3%. According to the statistics report, the Consumer Price Index in Saudi Arabia (inflation rate) reached 1.6 % in January 2024, compared to the same month of 2023, which is higher than the previous month of December, when it reached 1.51 TP3T.

According to the statistics report, the Consumer Price Index in Saudi Arabia (inflation rate) reached 1.6 % in January 2024, compared to the same month of 2023. The report showed that last month's inflation rate was affected by the rise in the prices of housing, water, electricity, gas, and other fuels by 7.8%, along with food and beverage prices by 1%, while transportation prices fell by 1.1%, and prices of miscellaneous personal goods and services by 1.1%.

The report showed that last month's inflation rate was affected by the rise in the prices of housing, water, electricity, gas, and other fuels by 7.8%, along with the rise in food and beverage prices by 1%.