Saudi Arabia Wholesale Inflation Unchanged at 2.1%

In September 2025, Saudi Arabia's annual wholesale price inflation remained steady at 2.1% for the fourth consecutive month, marking its highest point since October of the previous year. This stability was largely influenced by a pronounced increase in inflation for agriculture and fishery products, which jumped to 4.7% from 4.4% in August. This was attributed to a 6.6% rise in agricultural product prices and a 5.6% increase in the cost of fish and other fishing products. Additionally, there was a notable acceleration in price growth for food products, beverages, tobacco, and textiles, which rose to 0.6% from 0.4%, coupled with a slight increase in prices for metal products, machinery, and equipment, edging up to 0.1% from zero. Conversely, inflation eased for other transportable goods, excluding metal products, machinery, and equipment, declining to 4% from 4.2%. Meanwhile, deflation continued for ores and minerals, albeit at a slower pace, softening to -0.6% from -0.8%. On a month-to-month basis, wholesale prices climbed by 0.3%, building on a 0.2% rise in August.

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