The annual inflation rate in Saudi Arabia has held steady at 1.6 percent over the past three months, indicating relative stability on a yearly basis.
This stability underscores the strength and resilience of the Saudi economy. It also highlights the effectiveness of the proactive economic measures the Kingdom implemented to counter global inflation and rising prices.
The Consumer Price Index (CPI) tracks changes in prices paid by consumers for a fixed basket of 490 goods and services, chosen based on a 2018 household income survey. Prices are collected through field visits to various points of sale, with CPI data published monthly.