Saudi Arabia Inflation Rate  2000-2018 | Data | Chart | Calendar

Saudi Arabia inflation rate dropped to 2.8 percent year-on-year in March of 2018 from a 2.9 percent in February. Following the introduction of a 5 percent value-added tax, in January 2018 the inflation reached 3 percent, the most since September 2016. In March, prices rose less for food & beverages (6% vs 6.5% in February); housing & utilities (1% vs 1.3%); communication (0.9% vs 1%); miscellaneous goods & services (0.1% vs 0.3%) and tobacco (54.1% vs 54.7%). Meantime, inflation was steady for restaurants & hotels (6.8%) and education (0.2%). On the other hand, cost went up faster for transport (10.4% vs 10.1%), after a gasoline price hike; furnishing & household equipment (0.3% vs 0.2%) and health (3.8% vs 3.7%). Also, prices fell less for clothing & footwear (-7.6% vs -8%) and fell at the same pace for recreation & culture (-0.4%). On a monthly basis, consumer prices inched down 0.2 percent. Inflation Rate in Saudi Arabia averaged 2.64 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
2018-02-25 11:00 AM Inflation Rate YoY 3% 0.4% 1.1%
2018-03-21 12:00 PM Inflation Rate YoY 2.9% 3% 3.8%
2018-04-24 08:00 AM Inflation Rate YoY 2.8% 2.9% 2.7%
2018-05-22 06:00 AM Inflation Rate YoY 2.8% 2.6%
2018-06-26 08:25 AM Inflation Rate YoY 2.8%
2018-07-24 06:10 AM Inflation Rate YoY 2.7%


Saudi Arabia Prices Last Previous Highest Lowest Unit
Inflation Rate 2.80 2.90 11.10 -2.00 percent [+]
Consumer Price Index CPI 108.10 108.00 114.80 84.80 Index Points [+]
Food Inflation 6.50 6.70 6.89 -4.30 percent [+]
Inflation Rate Mom -0.20 0.10 3.90 -0.69 percent [+]
Producer Prices 117.10 117.00 117.10 98.00 Index Points [+]
Producer Prices Change 16.40 16.10 17.00 -5.36 percent [+]
GDP Deflator 126.49 96.00 126.49 5.00 Index Points [+]
Cpi Housing Utilities 113.80 113.80 113.80 90.70 Index Points [+]
CPI Transportation 119.60 119.80 119.80 91.50 Index Points [+]


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 April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.80 2.90 11.10 -2.00 2000 - 2018 percent Monthly
2007=100




inflation rate by Country
Country Last
Australia 1.90 Mar/18
Brazil 2.68 Mar/18
Canada 2.30 Mar/18
China 2.10 Mar/18
Euro Area 1.30 Mar/18
France 1.60 Mar/18
Germany 1.60 Mar/18
India 4.28 Mar/18
Indonesia 3.40 Mar/18
Italy 0.80 Mar/18
Japan 1.10 Mar/18
Mexico 5.04 Mar/18
Netherlands 1.00 Mar/18
Russia 2.40 Mar/18
South Korea 1.30 Mar/18
Spain 1.20 Mar/18
Switzerland 0.80 Mar/18
Turkey 10.23 Mar/18
United Kingdom 2.50 Mar/18
United States 2.40 Mar/18


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