Saudi Arabia’s inflation stood at 0.2% in December 2019, bucking an 11-month negative trend, according to recent data by the General Authority for Statistics (GASTAT).
The consumer price index for December rose to 106.5 points compared to 106.2 points the year before.
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%) |
October |
(0.3%) |
November |
(0.2%) |
December |
+0.2% |
Prices of 9 main groups in the CPI basket increased in December. Restaurants and hotels as well as miscellaneous goods and services saw the biggest increase of 2.6%. Education followed, going up 2.3%.
CPI YoY comparison (December 2018/2019) |
|
Main Groups |
Variation (%) |
Restaurants & Hotels |
+2.6% |
Miscellaneous goods & services |
+2.6% |
Education |
+2.3% |
Food & Beverages |
+2.2% |
Healthcare |
+1.9% |
Furnishings, household equipment and maintenance |
+1.8% |
Transport |
+1.3% |
Communication |
+0.2% |
Recreation & Culture |
+0.1% |
Tobacco |
-- |
Clothes and footwear |
(0.5 %) |
Housing, Water, Electricity, Gas and Fuel |
(3.7 %) |
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