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 2011
Year-on-year inflation rose to 4.9 percent in July from 4.7 percent in June. Food, rents and higher prices for holiday accommodation were the main cause of the rise, though there were some notable falls.
Inflation report- August 2011
Year-on-year inflation eased to 4.8 percent in August from 4.9 percent in July, primarily due to a fall in food price inflation, though in monthly terms food prices posted their normal Ramadan jump.
