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 report – May 2012
Year-on-year inflation dipped to 5.1 percent in May, the lowest since August 2011. The decline was due to a fall in inflation from “other expenses and services”, which stems from lower gold prices.
Inflation report- June 2012
Year-on-year inflation eased again in June, slipping to 4.9 percent from 5.1 percent in May, the first time it has been below 5 percent since August 2011. Lower rental inflation caused most of the fall.
Inflation report- July 2012
Year-on-year inflation plunged to 4 percent in July, from 4.9 percent in June. Lower food price and rental inflation was the main reason for the fall, which pulled inflation to its lowest rate since November 2009.
