July wholesale inflation in kingdom up 5%
Wholesale prices in Saudi Arabia increased by 5% in July 2026 compared to the same month of the previous year, according to the Statistics Authority. The main driver of this rise was the surge in prices of essential chemicals and refined petroleum products, which increased by 66.7% and 3.9%, respectively. Prices of metal products and machinery also rose by 5.3% and 2.4%, while prices in agriculture and fisheries went up by 6.2%. Conversely, prices for food and beverages, tobacco, and textiles declined by 0.6%, with prices of grain products and foodstuffs dropping by 1.4%, and beverages decreasing by 5.8%. On a monthly basis, the wholesale price index remained stable in July compared to June 2026.
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