Kingdom's wholesale inflation up 5% in July

The wholesale price index in Saudi Arabia increased by 5% in July 2026 compared to the same month of the previous year, with expectations that the index will remain stable on a monthly basis compared to June 2026. The main reason for the rise is a 9.7% increase in the prices of tradable goods, especially basic chemicals and refined petroleum products, along with a 1.5% increase in metal and machinery prices. Meanwhile, some categories such as food products and beverages experienced a decline of 0.6%. In summary, the inflation in wholesale prices primarily drove the increase, mainly due to higher prices for essential materials and oil, with stability at the monthly level.

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