Saudi Arabia's Annual Inflation Eases to 1.7% in October
4 Articles
4 Articles
Inflation in Saudi Arabia reaches 1.7% in October
RIYADH — Inflation or Consumer Price Index (CPI) in Saudi Arabia registered an annual increase of 1.7 percent in October 2026 compared to the same month last year, according to data released on Sunday by the General Authority for Statistics (GASTAT). The authority attributed the rise primarily to a 3.5 percent increase in housing, water, electricity, gas and other fuel prices, alongside a 1.1 percent rise in food and beverage prices and a 2.3 pe…
Saudi Arabia’s annual inflation eases to 1.7% in October
In October, Saudi Arabia's annual inflation rate decreased to 1.7%, matching April's rate and down from 1.9% in September, primarily driven by rising costs in housing, transport, and food. The monthly consumer price index saw a slight 0.1% increase, with housing and utilities contributing notably to price growth.
Saudi inflation slowed down during October, after accelerating the previous month, to return to its lowest levels this year, driven by a decline in the pace of rising food and housing prices, the two largest groups in the consumer basket. The annual inflation rate in Saudi Arabia was 1.7% during October, compared to 1.9% in September, according to the State Statistics Board published on Sunday.
Coverage Details
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
