Saudi inflation stable at 1.8% in July
The Saudi Arabia Statistics Authority report shows that the inflation rate in the kingdom remained steady at 1.8% during July 2026, marking the third consecutive month. The data mainly attributed the rise in inflation to a 4.2% increase in the prices of housing, water, and electricity, and a 1.5% increase in the prices of food and beverages. Additionally, higher rental costs by 4.3% and a significant 11.1% increase in the prices of personal belongings contributed to the inflation rise, while the prices of some goods, such as furniture and shoes, decreased by 0.4%. On a monthly basis, the price index increased by 0.2% compared to June 2026.
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