Saudi central bank sees lower price pressures in Q4

Saudi Arabia's central bank expects inflationary pressure to continue in the final quarter of 2010 but at a weaker level than before, it said in a report on Monday.

"The data shows that there is a possibility of continued domestic inflationary pressure in the fourth quarter of 2010, but it will be at a lower level than in the previous two quarters," the central bank of the world's top oil exporter said in its quarterly inflation report.