Archive

September 14, 2023
SA.png

Saudi CPI Inflation 2.0% y-o-y in Aug-23

- Saudi Arabia's year-on-year CPI inflation in August 2023 recorded a growth rate of 2.0%, the lowest since February 2022 and below both the one-year and long-run averages.
- On a monthly basis, CPI inflation remained stagnant at 0.0% in August 2023, indicating price stability during the period.

September 14, 2023
SA.png

Saudi Arabia CPI inflation 1.95% y-o-y in Aug-23

- Consumer price inflation in Saudi Arabia dropped to 1.95% year-on-year in August 2023, marking the lowest growth rate since February 2022.
- The August inflation rate is 0.87 percentage points below the one-year average, while remaining in line with the long-run average, suggesting a stable pricing environment in the country.

By country