The annual inflation rate in Saudi Arabia decreased to 2.1% in September of 2018 from 2.2% in the previous month, mainly due to lower prices for education (0.2% from 0.5% in August), namely pre-primary and primary education (0.9% from 2.2%). Also, cost continued to decline for housing & utilities (-3.2% from -1.3%) and clothing & footwear (-6.5% from -8.5%). On the other hand, cost advanced faster for food & beverage (6.7% from 6.6%); transport (11% from 10.5%); furniture & household equipment (2.2% from 0.5%); miscellaneous goods & services (0.4% from 0.2%); recreation & culture (2.2% from 1%) and tobacco (10% from 9.9%). Meanwhile, inflation was steady for communication (1.4%, the same as in August); restaurant & hotels (8.4%) and health (4%). On a monthly basis, consumer prices went down 0.2%, the same as in August. Inflation Rate in Saudi Arabia averaged 2.63 percent from 2000 until 2018, reaching an all time high of 11.10 percent in July of 2008 and a record low of -2 percent in January of 2001.

Saudi Arabia Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-28 07:00 AM Inflation Rate YoY 2.2% 2.1% 2.1%
2018-09-25 05:50 AM Inflation Rate YoY 2.2% 2.2% 2.2%
2018-10-23 11:40 AM Inflation Rate YoY 2.1% 2.2% 2.5%
2018-11-27 07:00 AM Inflation Rate YoY 2.1% 2.2%
2018-12-25 07:00 AM Inflation Rate YoY 2.2%


Saudi Arabia Prices Last Previous Highest Lowest Unit
Inflation Rate 2.10 2.20 11.10 -2.00 percent [+]
Consumer Price Index CPI 107.10 107.30 114.80 84.80 Index Points [+]
Food Inflation 6.70 6.60 6.89 -4.30 percent [+]
Inflation Rate Mom -0.20 -0.20 3.90 -0.69 percent [+]
GDP Deflator 126.49 96.00 126.49 5.00 Index Points [+]
Cpi Housing Utilities 108.60 109.50 113.80 90.70 Index Points [+]
CPI Transportation 119.40 119.40 119.80 91.50 Index Points [+]
Producer Prices 116.60 116.80 117.10 98.00 Index Points [+]
Producer Prices Change 15.80 15.90 17.00 -5.36 percent [+]


Saudi Arabia Inflation Rate

In Saudi Arabia, the most important categories in the consumer price index are Food and beverage (22 percent of total weight); Housing, water, electricity, gas and other fuels (21 percent); Transport (10 percent); Furnishings, household equipment and routine household (9 percent); and Clothing and footwear, and Communication (8 percent each). The index also includes: Miscellaneous goods and services (7 percent); and Restaurants and hotels (6 percent). Recreation and culture, education, health and tobacco account for the remaining 9 percent. This page provides - Saudi Arabia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Inflation Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.10 2.20 11.10 -2.00 2000 - 2018 percent Monthly
2007=100




Country Last
Argentina 45.50 Oct/18
Australia 1.90 Sep/18
Brazil 4.56 Oct/18
Canada 2.20 Sep/18
China 2.50 Oct/18
Euro Area 2.20 Oct/18
France 2.20 Oct/18
Germany 2.50 Oct/18
India 3.31 Oct/18
Indonesia 3.16 Oct/18
Italy 1.60 Oct/18
Japan 1.20 Sep/18
Mexico 4.90 Oct/18
Netherlands 2.10 Oct/18
Russia 3.50 Oct/18
Saudi Arabia 2.10 Sep/18
Singapore 0.70 Sep/18
South Africa 4.90 Sep/18
South Korea 2.00 Oct/18
Spain 2.30 Oct/18
Switzerland 1.10 Oct/18
Turkey 25.24 Oct/18
United Kingdom 2.40 Oct/18
United States 2.50 Oct/18


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