Saudi Arabia Wholesale Inflation Slightly Eases

Saudi Arabia’s annual wholesale price inflation rate stood at 3.3% in April 2026, unchanged from the previous month. Price growth was steady for other transportable goods, except for metal products, machinery, and equipment at 6.4%, which matched the previous month’s pace, while inflation rose to 0.8% in food products, beverages, tobacco, and textiles after remaining flat in March. Meanwhile, costs edged lower in agriculture and fishery products (1.7% vs 1.8%) and in metal products, machinery, and equipment (1.1% vs 1.2%). In contrast, deflation persisted in ores and minerals (-0.3% vs -0.2%). On a monthly basis, prices were also unchanged at 0.2% in April.

Saudi Arabia’s annual wholesale price inflation rate edged lower to 3.3% in March 2026, from a near two-year high of 3.5% in the previous month. Cost pressures moderated for agriculture and fishery products (1.6% vs 2.5% in February), other transportable goods except metal products, machinery and equipment (6.4% vs 6.5%), and metal products, machinery and equipment (1.2% vs 1.4%). Additionally, prices were flat for food products, beverages, tobacco, and textiles after rising 0.4% in the prior month, while remaining unchanged for ores and minerals (-0.2%). On a monthly basis, wholesale prices edged up to 0.2% from 0.1% in February 2026.

Saudi Arabia’s annual wholesale price inflation climbed to 3.5% in February 2026 from 2.9% in the previous month, marking the highest reading since March 2024. Cost pressures accelerated for food products, beverages and tobacco, and textiles (0.4% vs 0.3% in January), transportable goods excluding metal products, machinery and equipment (6.5% vs 4.9%), and metal products, machinery and equipment (1.4% vs 1.2%). However, price growth slowed for agriculture and fishery products (2.5% vs 4.2%), while cost declined further for ores and minerals (-0.2% vs -0.1%). On a monthly basis, wholesale prices inched up 0.1%, easing from a 1.5% increase in January.