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.

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Saudi Arabia Wholesale Prices Change



Related Last Previous Unit Reference
Inflation Rate 2.30 2.20 percent Jun 2022
Consumer Price Index CPI 106.66 106.42 points Jun 2022
Food Inflation 4.40 4.20 percent Jun 2022
Producer Prices Change 8.10 10.20 percent Jun 2022
Producer Prices 151.10 151.00 points Jun 2022
Inflation Rate Mom 0.20 0.10 percent Jun 2022
CPI Transportation 117.37 117.03 points Jun 2022
CPI Housing Utilities 89.04 88.90 points Jun 2022
GDP Deflator 103.72 112.65 points Dec 2020

Saudi Arabia Wholesale Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Actual Previous Highest Lowest Dates Unit Frequency
8.10 10.20 19.70 -5.36 1994 - 2022 percent Monthly
2014=100, NSA

News Stream
Saudi Arabia Wholesale Inflation Lowest in Over a Year
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.
2022-07-14
Saudi Wholesale Prices Rise the Months in 14 Months
The annual wholesale price inflation in Saudi Arabia slowed for the second straight month to 10.2 percent in May of 2022 from 10.7 percent in the previous month. It was the lowest wholesale inflation since March last year, due to softer rises in prices of metal products, machinery and equipment (7.7 percent vs 8.8 percent in April), other transportable goods (12.0 percent vs 12.5 percent), and agriculture and fishery products (17.1 percent vs 18.7 percent). Meanwhile, prices increased further for both food products, beverages, tobacco and textiles (8.3 percent vs 7.1 percent) and ores and minerals (8.6 percent vs 6.1 percent). On a monthly basis, wholesale prices were up 1.4 percent, accelerating from a 1.0 percent gain in April.
2022-06-15
Saudi Wholesale Inflation Eases to 13-Month Low
The annual wholesale price inflation in Saudi Arabia declined to 10.7 percent in April of 2022 from 12.1 percent in the previous month. It was the lowest wholesale inflation since March last year, due to softer rises in prices of both metal products, machinery and equipment (8.8 percent vs 10.2 percent in March) and other transportable goods (12.5 percent vs 16.1 percent). Meanwhile, prices continued to increase for agriculture and fishery products (18.7 percent vs 15.8 percent); food products, beverages, tobacco and textiles (7.1 percent vs 5.4 percent); and ores and minerals (6.1 percent vs 5.4 percent). On a monthly basis, wholesale prices went up 1.0 percent, easing from a 1.3 percent growth in March.
2022-05-15