In the media | 01 Aug 2023

Arabian Gulf Business Insight: The GCC will need to make peace with inflation settling higher

Scott Livermore

Chief Economist, Oxford Economics Middle East, and Managing Director

middle east city

Scott Livermore, our Chief Middle East Economist, joins AGBI to discuss Gulf inflation rates.

Read the op-ed below:

To download our latest reports for the Middle East region, please check our Resource Hub – Oxford Economics.

You may be interested in

Post

Will OPEC+ Push Oil Prices Higher Again?

OPEC+ is considering another 411,000 b/d output hike for July, with a decision expected on May 31. If confirmed, this would mark the third consecutive increase, reaffirming the shift from price defence to market share expansion.

Find Out More

Post

Trump talks business on GCC tour, with a sprinkle of diplomacy

The Gulf Cooperation Council (GCC) region concluded an eventful week as Saudi Arabia, Qatar, and the UAE hosted President Trump on his first major foreign trip since re-assuming office, underscoring an enduring strategic partnership.

Find Out More

Post

Oil output up, prices down—what’s next?

OPEC+ announced a higher-than-expected oil production hike for June, adding 411,000 b/d to the market. This marks a pivot from price defence to a period of higher output.

Find Out More