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Share on Twitter. Share on Whatsapp. Share on Mail. Share on LinkedIn. Subscribe No Thanks. Still, the positive figures are a sign that governments' efforts to diversify their economies away from hydrocarbons is gaining traction.
This also means that prices are increasing — "the output price component in Saudi rose to its highest level since August last year," Swanston said, meaning that accelerating inflation is likely on the horizon.
Skip Navigation. Key Points. But non-oil growth is a key driver of the recovery, analysts told CNBC. In this article. A Saudi female employee serves a customer at a hypermarket, newly launched by the operator LuLu and run by a team of women, in the Saudi Arabian port city of Jeddah, on February 21, VIDEO Saudi Investment Minister al-Falih on the global transition to renewables.
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