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- January 2013
According to the latest report by the Central Department for Statistics and Information, inflation in the Kingdom has accelerated to 4.2 percent year-on-year in January this year, the highest level since July 2012. Our measure of core inflation has also accelerated to 2.7 percent in January compared with 2.1 percent in December.
Inflation report- March 2013
Saudi CPI inflation maintained the 3.9 percent year-on-year increase for the third consecutive month in March. It slightly increased to 0.3 percent on a monthly basis. Our estimate of core inflation, which excludes food and housing-related services, slowed in March after a 5-month period of a positive trend.
