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Saudi Arabia's August inflation steady at 1.8%
Saudi Arabia experienced an increase in the inflation rate in August 2026, rising by 1.8% compared to the same month last year. This was primarily attributed to the rise in prices within the "Housing, Water, Electricity, and Gas" sector, which increased by 3.9%, with rents rising by the same percentage. The "Transportation" segment contributed to the increase with a rate of 2.0%, along with "Food and Beverages," which rose by 1.4%. On the other hand, prices for "Furniture and Household Appliances" decreased by 0.6%, and "Clothing and Footwear" declined by 0.5%. On a monthly basis, the consumer price index saw a slight increase of 0.1% in August compared to July, due to rises in certain sectors such as personal care and transportation, while prices for restaurants and hotels fell.
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