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The annual wholesale price inflation in Saudi Arabia edged up to 3.2% in August 2024, from July's five-month low of 3.1%. On a monthly basis, wholesale prices rose 0.2%, accelerating from a 0.1% gain in the previous three months.

Saudi Arabia Wholesale Inflation Accelerates in August

The annual inflation rate in Saudi Arabia inched up to 1.6% in August 2024 from July's seven-month low of 1.5%. It was the highest inflation rate since May. On a monthly basis, consumer prices were up 0.1% in August, the same as in the previous month.

Saudi Arabia Inflation Rate at 3-Month High of 1.6%

Total passenger vehicle sales in India shrank 1.6% from a year earlier to 308,779 in August 2024, following a 1.9% fall in the previous month, data from Automobile Manufacturers (SIAM) showed. Figures exclude BMW, Mercedes, JLR & Volvo. " Looking ahead, as the country enters the festive season, demand for Vehicles is expected to grow, which will also be duly augmented by the recent announcements of PM E-DRIVE and PM-eBus Sewa Schemes of Government of India.” Rajesh Menon, Director General, SIAM said. On a monthly basis, the car sales grew by 4.0% in August.

India Passenger Car Sales Drop1.6% YoY in August

China 10 Year Government Bond Yield decreased to an all-time low of 2.06%. Over the past 4 weeks, China 10Y Bond Yield lost 8.20 basis points, and in the last 12 months, it decreased 55.60 basis points.

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