Saudi Arabia's inflation rises to 1.8% in March, pressured by residential rents

Annual consumer price inflation hits 1.8% and wholesale prices rise 3.3% in March 2026 compared to the previous year

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Data from The General Authority for Statistics revealed that the annual Consumer Price Index (CPI) inflation rate in Saudi Arabia amounted to 1.8% during March 2026 compared to the previous year (March 2025), while the index recorded a month-on-month relative increase of 0.3% compared to February 2025.

The data attributed the rise in inflation to 1.8% in March 2026 to the increase in the prices of housing, water, electricity, gas and other fuels by 3.9% in March 2026. According to a report issued by the General Authority for Statistics, residential rents are the biggest contributor to inflation by 4.8% during March 2026 compared to the same period in 2025.

In the same context, the average wholesale price index reached 3.3% during March 2026 compared to 2025, while the index recorded a relative increase on a monthly basis by 0.2% compared to its counterpart in 2025.The Consumer Price Index (CPI) reflects changes in prices paid by consumers against a fixed basket of 582 items, while the Wholesale Price Index (WPI) reflects movements in the prices of goods at the pre-retail stage for a fixed basket of 343 items.

The Wholesale Price Index (WPI) reflects movements in the prices of goods at the pre-retail stage for a fixed basket of 343 items.