Economic updates
Our in-depth, independent reports cover the macroeconomic environment, the Saudi government’s annual budget, and Saudi Arabia’s monetary and financial developments, labor market, and inflation.
Macroeconomic update - July 2026: (Activity levels improve as economy adapts)
Macroeconomic reportThe US-Iran conflict is weighing on both oil and non-oil GDP in 2026, but the economy is showing a degree of resilience and growth will rebound in 2027.
Inflation Update - July 2026: (Inflation contained despite conflict-related cost pressures)
Inflation reportConsumer price inflation remained contained in May 2026, inching up to 1.8% from 1.7% in April, with the headline rate remaining among the lowest globally.
Saudi Labor Market Update - 2025
Labor Market report· Saudi Arabia’s labor market showed continued growth through the end of 2025.
Q1 2026 Budget statement: (Oil revenue will boost budget after record deficit in Q1)
Budget report·The budget deficit widened to SAR126b in Q1-26, as spending grew by 20% year-on-year while revenue edged down.
