{"id":304386,"date":"2021-12-15T15:28:45","date_gmt":"2021-12-15T18:28:45","guid":{"rendered":"https:\/\/anba.com.br\/?p=304386"},"modified":"2021-12-17T13:36:50","modified_gmt":"2021-12-17T16:36:50","slug":"gcc-states-inflation-predicted-at-2-1-in-2021","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/gcc-states-inflation-predicted-at-2-1-in-2021\/","title":{"rendered":"GCC states\u2019 inflation predicted at 2.1% in 2021"},"content":{"rendered":"<p>S\u00e3o Paulo \u2013 Inflation in the Gulf Cooperation Council (GCC) states is projected to have risen by 2.1% this year, a report by the GCC Statistical Center revealed. The group consists of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.<\/p>\n<p>Last year consumer prices rose by 1.2% in the region. Looking forward, inflation rate forecasts for 2022 and 2023 are predicted at 1.8% and 2.6%, respectively.<\/p>\n<p>Inflationary pressures will come from jumps in costs of imported raw materials, the report explained. Also, consumer prices will rise as a result of higher consumption and public expenditure following improvements in employment rates and household income.<\/p>\n<p>Last year, all GCC states experienced deflation except for Saudi Arabia and Kuwait, which reached inflation rates of 3.4% and 2.1%, respectively, thus pushing the region\u2019s overall inflation rate to 1.2%.<\/p>\n<p>The information was originally published on the website of <em>Arab News<\/em>.<\/p>\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-304384\">\u00a9Karim Sahib\/AFP<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gulf Cooperation Council Statistical Center projects a higher price rise this year compared to 2020.<\/p>\n","protected":false},"author":2316,"featured_media":304384,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[114],"tags":[32471,9599,26652,13880,10161,9594,26650,32556,9757,26651,3916,26648,26649],"class_list":{"0":"post-304386","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-conselho-de-cooperacao-do-golfo-en","9":"tag-gcc-en","10":"tag-global-inflation","11":"tag-golfo-en-2","12":"tag-gulf-en","13":"tag-gulf-cooperation-council","14":"tag-gulf-inflation","15":"tag-inflacao-arabia-saudita-en","16":"tag-inflation-en","17":"tag-kuwait-inflation","18":"tag-prices","19":"tag-saudi-arabia-inflation","20":"tag-uae-inflation"},"wps_subtitle":"Gulf Cooperation Council Statistical Center projects a higher price rise this year compared to 2020.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/304386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=304386"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/304386\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/304384"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=304386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=304386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=304386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}