"Inflation Gives Saudis Food for Thought"
"My boss sent me back to return the milk - it's too expensive," said the Pakistani driver for a middle Saudi family at the checkout counter of the Al- Othaim supermarket. Saudi Arabia is enjoying an
Unprecedented economic boom fuelled by record oil prices, ...as sectors [have] increased activity to the big internal demand. "
HYPERLINK "http://www.ft.com/" www.ft.com, 1/18/200
The story describes

Question

Quizplus · Accepted Answer

The story describes demand-pull inflation, which occurs when increased demand in an economy leads to higher prices, as seen in Saudi Arabia's economic boom driven by high oil prices and increased internal demand.