Economic updates
Our in-depth, independent reports cover the macroeconomic environment, the Saudi government’s annual budget, and Saudi Arabia’s monetary and financial developments, labor market, and inflation.
Inflation Report – February 2011
Inflation fell to 4.9 percent in February, from 5.3 percent in January. This is the sixth consecutive month in which the inflation rate has eased and the first time it has been below 5 percent since April 2010.
Inflation report – March 2011
Inflation fell again in March, to 4.7 percent, its lowest level for 12 months. Falling food prices and slowing rental inflation remained the main factors behind the decline.
Inflation Report — May 2011
Year-on-year inflation fell to a 16-month low of 4.6 percent in May. The ongoing decline in rents and lower food prices more than offset small rises elsewhere.