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- July 2012
Year-on-year inflation plunged to 4 percent in July, from 4.9 percent in June. Lower food price and rental inflation was the main reason for the fall, which pulled inflation to its lowest rate since November 2009.
Inflation report- August 2012
Year-on-year inflation eased again in August, slipping to 3.8 percent from 4 percent in July, the lowest level since October 2009. Lower food and rental inflation caused most of the fall, yet both remained the most contributor adding 2.8 percentage point to the rise in the overall inflation index.
