The annual wholesale price inflation in Saudi Arabia slowed for a third straight month to 8.1% in June of 2022, the lowest since February of 2021. Main price increases were seen for other transportable goods (8.2%), namely basic chemicals (40.2%) and pulp and paper prices (12.8%). Other cost increase was also recorded for basic metals (5%); meat, fish, fruits, vegetables, oils and fats (22.9%); dairy products (14%); agricultural products (19%); live animals and animal products (11.1%); and stones and sand (7.9%). Compared to May, wholesale prices edged 0.1% higher. source: Central Department of Statistics & Information, Saudi Arabia
Producer Prices Change in Saudi Arabia averaged 3.85 percent from 1994 until 2022, reaching an all time high of 19.70 percent in June of 2021 and a record low of -5.36 percent in September of 2009. This page provides - Saudi Arabia Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Wholesale Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
Producer Prices Change in Saudi Arabia is expected to be 3.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Wholesale Prices Change is projected to trend around 3.50 percent in 2023 and 4.00 percent in 2024, according to our econometric models.