The General Authority for Statistics announced that the annual inflation rate in the Kingdom stabilized during the past three months at 1.6% of 2024, recording relative stability on an annual basis,
The rate of inflation in the Kingdom is one of the most stable inflation rates, which confirms the strength and durability of the Saudi economy, in addition to the effectiveness of the economic plans and decisions that the Kingdom rushed to take early to face the wave of global inflation and rising prices.
The Consumer Price Index (CPI) reflects changes in the prices paid by consumers for a fixed basket of goods and services consisting of 490 items. This basket was selected based on the results of the Household Expenditure and Income Survey conducted in 2018, and the respective prices are collected through field visits to points of sale, and CPI statistics are published on a monthly basis.
The CPI statistics in the Kingdom are published on a monthly basis.
