Inflation Update – June 2021 (Inflationary pressures ahead)
Macroeconomic ReportThe latest General Authority for Statistics (GaStat) June inflation release shows that prices rose by 6.2 percent year-on-year and by 0.2 percent month-on-month.
Saudi Labor Market Update – Q1 2021
Macroeconomic ReportThe General Authority for Statistics (GaStat) latest labor market release shows that unemployment declined to 11.7 percent in Q1 2021, down from 12.6 percent in Q4 2020, marking the lowest rate since 2016.
Inflation Update – March 2021 (Gradual rise in consumption)
Macroeconomic ReportThe latest General Authority for Statistics (GaStat) March inflation release shows that prices rose by 4.9 percent year-on-year, and declined by 0.1 percent month-on-month.
Macroeconomic Update – November 2020: (Not bad, all things considered)
Macroeconomic ReportA less steeper decline than expected in Q2, and a stronger recovery in Q3 has led us to revise our non-oil GDP forecast for the Kingdom in 2020. All in all, we expect non-oil GDP to decline by 2.7 percent (compared to -3 percent previously).
