Saudi Arabia Inflation Rate Eases to 16-Month Low
2026-02-15 06:32
By
Farida Husna
1 min. read
The annual inflation rate in Saudi Arabia fell to 1.8% in January 2026 from 2.1% in the previous month, falling short of market expectations of 2.0% and marking the lowest reading since September 2024.
Price growth slowed for insurance and financial services (3.3% vs 4.1% in December), recreation and culture (2.3% vs 2.4%), food and drinks (0.2% vs 1.3%), and tobacco (0.7% vs 1.0%).
In addition, cost fell for furnishings and household equipment (-0.3% vs 0.1%) and health (-0.1% vs 0.2%).
On the other hand, inflation held steady for transport (at 1.5%) while edged higher for housing, utilities (4.2% vs 4.1%), restaurants and accommodation (1.0% vs 0.9%), clothing (0.5% vs 0.4%), communication (0.3% vs 0.2%), and education (1.6% vs 1.5%).
Meanwhile, prices of personal care, social protection, and miscellaneous items accelerated (7.9% vs 7.0%)
Monthly consumer prices rose 0.2%, following 0.1% increases in November and December and pointing to the highest level in three months.