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- November 2012
According to the Central Department for Statistics and Information (CDSI), Saudi Arabias inflation rate for November slightly increased to 3.9 percent year-on-year from 3.8 percent in the previous month.
Inflation report- December 2012
The Central Department for Statistics and Information (CDSI) has released CPI data for December showing inflation remained at the 3.9 percent year-on-year level observed in the previous month. This puts the annual inflation for last year at 4.5 percent-year-on-year in line with our forecasts.
Inflation report- January 2013
According to the latest report by the Central Department for Statistics and Information, inflation in the Kingdom has accelerated to 4.2 percent year-on-year in January this year, the highest level since July 2012. Our measure of core inflation has also accelerated to 2.7 percent in January compared with 2.1 percent in December.