Food Inflation in Saudi Arabia averaged 2.19 percent from 2012 until 2020, reaching an all time high of 14.30 percent in July of 2020 and a record low of -3.20 percent in January of 2017. This page provides - Saudi Arabia Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Food Inflation - values, historical data and charts - was last updated on November of 2020.
Food Inflation in Saudi Arabia is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Saudi Arabia to stand at 2.30 in 12 months time. In the long-term, the Saudi Arabia Food Inflation is projected to trend around 3.00 percent in 2021, according to our econometric models.