Producer Prices in Saudi Arabia increased to 120 Index Points in August from 119.80 Index Points in July of 2019. Producer Prices in Saudi Arabia averaged 106.68 Index Points from 2015 until 2019, reaching an all time high of 120 Index Points in August of 2019 and a record low of 98 Index Points in December of 2015.
Producer Prices in Saudi Arabia is expected to be 120.10 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices in Saudi Arabia to stand at 121.94 in 12 months time. In the long-term, the Saudi Arabia Wholesale Price Index is projected to trend around 127.12 Index Points in 2020, according to our econometric models.