The annual wholesale price inflation in Saudi Arabia eased for a fifth straight month to 5.6% in August of 2022, the lowest since December of 2020. Main price increases were seen for agriculture and fishery products (15.0%), namely agricultural products (18.3%), and live animals and animal products (8.7%). Other cost increase was also recorded for basic transportable goods (4.8%), namely basic chemicals (12.5%) and refined petroleum products prices (3.5%); ores & minerals (6.0%); food products, beverages, tobacco, & textiles (8.8%). Compared to July, wholesale prices fell by 0.5%. source: Central Department of Statistics & Information, Saudi Arabia
Producer Prices Change in Saudi Arabia averaged 3.87 percent from 1994 until 2022, reaching an all time high of 19.70 percent in June of 2021 and a record low of -5.36 percent in September of 2009. This page provides - Saudi Arabia Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Wholesale Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.
Producer Prices Change in Saudi Arabia is expected to be 6.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Wholesale Prices Change is projected to trend around 3.50 percent in 2023, according to our econometric models.