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.