Via Sam Bridge in arabianbusiness.com : Inflation forecasts for Saudi Arabia in 2020 have been revised upwards to 1.7 percent to reflect expectations of a continued pick-up in non-oil activities, and an elevated level of consumer spending. Jadwa said price rises in restaurants and hotels were a result of increasing demand in entertainment and tourism in the kingdom, following the emerging activities associated with the Saudi Seasons in different regions during 2019.
