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 - February 2018: (VAT triggers inflation hike in January)
The latest General Authority for Statistics (GaStat) release for January shows that inflation rose in January 2018 by 3 percent year-on-year, and 3.9 percent month-on-month, largely as a result of the implementation of VAT and utility and fuel price reform during the month.
