Saudi Arabia’s inflation, based on consumer price index (CPI), remained in the negative territory for the ninth consecutive month in September 2019, dropping 0.7 percent on an annual basis, the latest figures from the General Authority for Statistics (GASTAT) showed.
The consumer price index for September declined to 106.3 points compared to 107.1 points a year earlier.
|
Saudi Inflation Rate |
|
|
Month |
Inflation rate* |
|
January 2017 |
(0.6%) |
|
February |
(0.6%) |
|
March |
(0.7%) |
|
April |
(0.7%) |
|
May |
(0.8%) |
|
June |
(0.5%) |
|
July |
(0.8%) |
|
August |
(0.8%) |
|
September |
(0.8%) |
|
October |
(1.2%) |
|
November |
(1.7%) |
|
December |
(1.1%) |
|
January 2018 |
+3.0% |
|
February |
+2.9% |
|
March |
+2.8% |
|
April |
+2.5% |
|
May |
+2.3% |
|
June |
+2.1% |
|
July |
+2.2% |
|
August |
+2.2% |
|
September |
+2.1% |
|
October |
+2.4% |
|
November |
+2.8% |
|
December |
+2.2% |
|
January 2019 |
(1.9%) |
|
February |
(2.2%) |
|
March |
(2.1%) |
|
April |
(1.9%) |
|
May |
(1.5%) |
|
June |
(1.4%) |
|
July |
(1.3%) |
|
August |
(1.1%) |
|
September |
(0.7%) |
*Updated for base year 2013
Prices of four main groups in the CPI basket declined in September. Housing, water, electricity, gas and other fuels saw the biggest drop, falling 5.6 percent year-on-year. The group accounts for 25.38 percent of the overall CPI index.
|
CPI YoY comparison (September 2018/2019) |
|
|
Main Groups |
Variation (%) |
|
Housing, Water, Electricity, Gas and Fuel |
(5.6%) |
|
Clothing and footwear |
(1.2%) |
|
Communication |
(0.4%) |
|
Tobacco |
(0.1%) |
|
Recreation & Culture |
+0.3% |
|
Transport |
+1.1% |
|
Healthcare |
+1.1% |
|
Food & Beverages |
+1.2% |
|
Furnishings, household equipment and maintenance |
+1.3% |
|
Restaurants & Hotels |
+1.9% |
|
Education |
+2.3% |
|
Miscellaneous goods & services |
+2.5% |
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