Saudi inflation slows to 1.8% in January

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Saudi Arabia's inflation rate eased to 1.8% month-on-month (MoM) in January 2026, official data from the General Authority for Statistics (GASTAT) showed.

The cost of living index rose to 104.47 points in the same month, from 102.60 points in January 2025.

 

GASTAT has enhanced the data collection and calculation methodology for the Consumer Price Index (CPI) in line with international best practices to improve coverage and accuracy.

 

It also updated the index base year to 2023, revising the basket items and their weights while expanding geographic coverage to include all regions.

 

Inflation is measured as the percentage change in the cost of living compared with the same period a year earlier.

 

CPI

Period

CPI

YoY Change

January 2024

100.95

1.7 %

February

101.01

1.6 %

March

100.82

1.2 %

April

101.27

1.4 %

May

101.34

1.6 %

June

101.62

1.8 %

July

101.50

1.3 %

August

101.55

1.4 %

September

101.62

1.5 %

October

101.90

1.5 %

November

102.25

1.5 %

December

102.20

1.4 %

January 2025

102.60

1.6 %

February

102.72

1.7 %

March

102.96

2.1 %

April

103.35

2.1 %

May

103.46

2.1 %

June

103.63

2.0 %

July

103.75

2.2 %

August

103.89

2.3 %

September

103.83

2.2 %

October

104.12

2.2 %

November

104.20

1.9 %

December

104.30

2.1 %

January 2026

104.47

1.8 %

 

GASTAT said the cost of living index rose as the prices of housing, water, electricity, gas, and other fuels increased by 4.2%. Prices of transport, as well as food and beverages, appreciated by 1.5% and 1%, respectively.

 

The housing, water, electricity, gas, and other fuel prices were driven by a 5.2% increase in actual housing rents.

 

January 2026

Main Groups

Relative Weight

Change YoY

Personal Goods, Social Protection, and Other Goods and Services

6.1 %

7.9%

Housing, Water, Electricity, Gas & Other Fuels

20.2 %

4.2%

Insurance & Financial Service

3.2 %

3.3%

Recreation, Sports and Culture

3.2 %

2.3%

Education

2.2 %

1.6%

Transport

14.5 %

1.5%

Restaurants & Hotel Services

8.4 %

1.0%

Tobacco

0.7 %

0.7%

Clothing & Footwear

3.7 %

0.5%

Communication

5.2 %

0.3%

Food & Beverages

21.9 %

0.2%

Health

4.0 %

(0.1%)

Furnishing, Household Equipment & Maintenance

6.7 %

(0.3%)

 

All regions recorded a decline in inflation in January compared with December 2025, except for the Northern Borders and Al Jouf.

 

Riyadh posted the highest inflation rate at 3.33%, followed by Najran (2.53%), while the Eastern Province recorded the lowest rate at 0.08%.

 

Inflation Rate by City

City

December 2025

January 2026

Riyadh

3.48 %

3.33%

Najran

3.01 %

2.53%

Northern Borders

2.50 %

2.00%

Madinah

2.12 %

1.80%

Al Baha

2.10 %

1.80%

Qassim

1.92 %

1.66%

Hail

1.85 %

1.56%

Makkah

1.62 %

1.39%

Aseer

1.58 %

1.29%

Al Jouf

1.34 %

1.19%

Jazan

1.06 %

0.82%

Tabuk

0.69 %

0.16%

Eastern Province

0.24 %

0.08%

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