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Council of Economic Affairs affirms solid economy and low inflation
The report highlights that Saudi Arabia possesses a strong and tolerant economy, with the annual inflation rate remaining stable at 1.8% in July 2026, one of the lowest rates globally. The Purchasing Managers' Index continued to indicate expansion for the fourth consecutive month, registering at 53.1 points. Additionally, the council emphasized that the Saudi economy is resilient in the face of regional challenges, with noticeable progress in achieving the objectives of Saudi Vision 2030 despite geopolitical changes. The country is witnessing qualitative achievements within its national strategies, including the transformation of the Ministries of Health and Investment in ways that enhance the quality of healthcare services and support the sustainable development goals.
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