Cost of food in Saudi Arabia remained unchanged in February over the same month in the previous year. Food Inflation in Saudi Arabia averaged 2.79 percent from 2012 until 2026, reaching an all time high of 13.70 percent in July of 2020 and a record low of -3.20 percent in January of 2017. source: General Authority for Statistics, Saudi Arabia
Food Inflation in Saudi Arabia is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Food Inflation is projected to trend around 2.10 percent in 2027, according to our econometric models.