Saudi Arabia's July inflation at 1.8%
The Kingdom of Saudi Arabia experienced a 1.8% increase in the inflation rate during July 2026 compared to the same month of the previous year. This rise is primarily attributed to increasing prices in housing, water, electricity, gas, and other fuels, along with higher costs for food, beverages, and transportation. Housing, water, electricity, and gas prices increased by 4.2%, with rents rising by 4.3%. Additionally, food and beverage prices grew by 1.5%, and transportation costs by 1.4%. Conversely, furniture and household appliance prices decreased by 0.5%, and clothing and footwear prices fell by 0.4%. On a monthly basis, the price index rose by 0.2% in July, driven mainly by a 7.1% increase in electricity, gas, and fuel prices. The housing, water, electricity, and gas sector was the top contributor to the annual inflation, followed by the food and beverage sector.
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