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.
Inflation Update- July 2016: (Inflation continues to slow)
The General Authority for Statistics (GAS) has released Consumer Price Index data for July, showing a deceleration in prices to 3.8 percent year-on-year compared to 4.1 percent in June. Food inflation turned negative for the first time since January 2010, while housing remained as the main contributor to overall inflation during July.