24 Hrs
Source:
الاقتصادية
Saudi PPI Rises But Inflation Steady
The Producer Price Index in Saudi Arabia rose by 8.5% in June 2026 year-over-year, influenced by a 9% increase in manufacturing prices, which accounted for 91.2% of the index. Electricity and gas supplies also reached their highest levels since data collection began in 2024, at 2.4%. Despite the rise in costs, the increase in producer prices did not lead to inflation in consumer prices, which remained at 1.8% during June and July. This stability was due to companies' ability to reduce profit margins or refrain from passing the increases onto end consumers, especially in the housing and essential services sectors. The Producer Price Index ultimately measures changes in production costs and does not directly reflect consumer inflation.
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