Saudi Inflation and Economic Outlook in 2023
Regional inflation increased in August, with Israel's rate rising to 3.6% from 3.2% due to higher food and transport costs. ...
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Tag: inflation
Saudi Arabia’s Inflation Rate Steady at 1.6%
Saudi Arabia's annual inflation rate held steady at 1.6% in August, as reported by the General Authority for Statistics (GASTAT). ...
Saudi Inflation Reaches 1.6% in August 2024
Saudi Arabia's annual inflation rate reached 1.6% in August year-over-year, driven primarily by increased housing costs, according to official data. ...
Saudi Inflation Rises, Spurred by Housing Sector
The annual inflation rate in Saudi Arabia witnessed a rise to 1.5 percent in July, in comparison to the previous ...
Saudi Inflation Rate Holds Steady in May
In the month of May, the Kingdom of Saudi Arabia maintained a consistent inflation rate of 1.6%, marking the third ...
Saudi Economy’s Upward Trajectory: World Bank Forecasts
The World Bank has updated its economic forecasts for the Kingdom of Saudi Arabia, predicting a more robust growth than ...
March Sees Mild Dip in Saudi Inflation Rates
The inflation rate in Saudi Arabia took a modest step back in March, recording a 1.6 percent rate, a slight ...
Easing Inflation: Saudi Arabia’s CPI Dips in December 2023
The Consumer Price Index (CPI) in Saudi Arabia, a key indicator of inflation, registered a modest dip to 1.5% in ...
Deceleration in Saudi Inflation with a Dip to 1.5% in December 2023
In the final month of 2023, Saudi Arabia experienced a slight drop in its inflation rate, registering at 1.5 percent, ...
Saudi Arabia Sees Dip in Inflation with Rent Increases in December
In December, Saudi Arabia experienced a slight decrease in its annual inflation rate, which went down to 1.5% from 1.7% ...
Saudi Chemicals Industry Faces Challenging Year Ahead, Says CEO
The CEO of Saudi Arabia's largest chemicals producer, Abdulrahman Al-Fageeh, has cautioned that the industry is likely to face another ...