Economic Research
In-depth reports on key economic issues.
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Mon, 16 January 2012Inflation report – December 2011
Year-on-year inflation ticked up to 5.3 percent in December, from 5.2 percent in NoveYear-on-year inflation ticked up to 5.3 percent in December, from 5.2 percent in November. The rise was due to higher prices for clothing and footwear and furniture, areas driven by consumer spending.
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Sat, 31 December 2011
The Saudi Economy in 2012
We expect another year of reasonable performance in 2012. Non-oil growth will be strong and inflation should ease. Lower oil production will cause total real economic growth to slow, and combined with lower prices, will reduce the budget and current account surpluses.
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Fri, 30 December 2011
Saudi Arabia's 2012 budget
Another expansionary budget was announced for 2012. The budget highlights the government's intention to continue to stimulate the economy. Budgeted spending and revenues were both at all-time highs. Spending priorities are consistent with previous years.
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Thu, 01 December 2011
Inflation report – November 2011
Year-on-year inflation stayed at 5.2 percent in November; in monthly terms, at 0.2 percent, it was the lowest since February. Higher food prices offset the impact of lower gold prices on the cost of jewelry.
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Tue, 01 November 2011
Inflation report – October 2011
Year-on-year inflation dipped to 5.2 percent in October from 5.3 percent in September owing to lower food price inflation. Rents rose again and other components were influenced by one-time changes.
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