Saudi Arabia Inflation Rate  2000-2017 | Data | Chart | Calendar

Consumer prices in Saudi Arabia fell 0.7 percent year-on-year in May 2017 compared to 0.6 percent decrease in the previous month. It was the fifth straight month deflation and sharpest drop in consumer prices since November 2001, as prices declined for food and beverages (-2.3 percent from -2.6 percent in April); transport (-2 percent from -2.2 percent); clothing and footwear (-1.5 percent from -0.8 percent); furnishings (-0.7 percent from -0.5 percent); recreation and culture (-1.5 percent from -1.4 percent) and restaurants and hotels (-2 percent from -1.4 percent). Also, cost of housing and utilities went up at a slower pace (0.2 percent from 0.5 percent). On a monthly basis, consumer prices edged down by 0.1 percent following a 0.1 percent rise in April. Inflation Rate in Saudi Arabia averaged 2.73 percent from 2000 until 2017, 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 Forecast (i)
2017-04-18 06:20 AM Mar -0.4% -0.1% 0.1%
2017-05-16 06:00 AM Apr -0.6% -0.4% -0.1%
2017-06-14 08:25 AM May -0.7% -0.6% -0.4%
2017-07-18 07:00 AM Jun -0.7% -0.2%
2017-08-15 07:00 AM Jul 0.1%
2017-09-19 07:00 AM Aug 0.5%




Saudi Arabia Prices Last Previous Highest Lowest Unit
Inflation Rate -0.70 -0.60 11.10 -2.00 percent [+]
Consumer Price Index CPI 136.60 136.80 138.10 84.80 Index Points [+]
Food Inflation -2.30 -2.60 6.89 -4.30 percent [+]
Producer Prices 100.50 100.70 103.20 98.00 Index Points [+]
Producer Prices Change 1.97 3.70 11.96 -5.36 percent [+]
Inflation Rate Mom -0.10 0.10 2.14 -0.69 percent [+]
GDP Deflator 126.49 96.00 126.49 5.00 Index Points [+]
Cpi Transportation 121.20 121.20 124.30 101.50 Index Points [+]


Saudi Arabia Inflation Rate Notes

In Saudi Arabia, the most important categories in the consumer price index are foodstuffs and beverages (26 percent of total weight); renovation, rent, fuel and water (18 percent) and transport and telecommunication (16 percent). Others include: home furniture (11 percent); fabrics, clothing and footwear (8 percent); education and entertainment (6 percent); medical care (2 percent) and other expenses and services (13 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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-0.70 -0.60 11.10 -2.00 2000 - 2017 percent Monthly
2007=100



inflation rate by Country

Last
Australia 2.10 Mar/17
Brazil 3.60 May/17
Canada 1.30 May/17
China 1.50 May/17
Euro Area 1.40 May/17
France 0.80 May/17
Germany 1.50 May/17
India 2.18 May/17
Indonesia 4.33 May/17
Italy 1.40 May/17
Japan 0.40 Apr/17
Mexico 6.16 May/17
Netherlands 1.10 May/17
Russia 4.10 May/17
South Korea 2.00 May/17
Spain 1.90 May/17
Switzerland 0.50 May/17
Turkey 11.72 May/17
United Kingdom 2.90 May/17
United States 1.90 May/17