The annual wholesale price inflation in Saudi Arabia slowed for a seventh straight month to 4.6% in October 2022, the lowest since June 2020. Main price increases were reported from other transportable goods (4.5%), namely basic chemical prices (9.4%) and refined petroleum products (3.6%). Other cost increases were also recorded for food products, beverages, tobacco & textiles (8.4%), agriculture and fishery products (11.5%), ores and minerals (5.2%) and metal products, machinery and equipment (1.7%). Compared to September, wholesale prices were unchanged. source: Central Department of Statistics & Information, Saudi Arabia

Producer Prices Change in Saudi Arabia averaged 3.89 percent from 1994 until 2022, reaching an all time high of 19.70 percent in June of 2021 and a record low of -5.36 percent in September of 2009. This page provides - Saudi Arabia Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Wholesale Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.

Producer Prices Change in Saudi Arabia is expected to be 4.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Wholesale Prices Change is projected to trend around 3.50 percent in 2023, according to our econometric models.

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Saudi Arabia Wholesale Prices Change



Calendar GMT Actual Previous Consensus TEForecast
2022-10-13 06:00 AM Sep 4.6% 5.6% 5.4%
2022-11-15 06:00 AM Oct 4.6% 4.6% 4.5%
2022-12-15 06:45 AM Nov 4.6% 4.2%


Related Last Previous Unit Reference
Inflation Rate 3.00 3.10 percent Oct 2022
Consumer Price Index CPI 108.11 107.90 points Oct 2022
Food Inflation 4.40 4.30 percent Oct 2022
Producer Prices Change 4.60 4.60 percent Oct 2022
Producer Prices 149.10 149.10 points Oct 2022
Inflation Rate MoM 0.20 0.30 percent Oct 2022
CPI Transportation 118.83 118.77 points Oct 2022
CPI Housing Utilities 91.76 90.97 points Oct 2022
GDP Deflator 119.50 103.72 points Dec 2021

Saudi Arabia Wholesale Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Actual Previous Highest Lowest Dates Unit Frequency
4.60 4.60 19.70 -5.36 1994 - 2022 percent Monthly
2014=100, NSA

News Stream
Saudi Arabia Wholesale Inflation Lowest in 2 Years
The annual wholesale price inflation in Saudi Arabia slowed for a seventh straight month to 4.6% in October 2022, the lowest since June 2020. Main price increases were reported from other transportable goods (4.5%), namely basic chemical prices (9.4%) and refined petroleum products (3.6%). Other cost increases were also recorded for food products, beverages, tobacco & textiles (8.4%), agriculture and fishery products (11.5%), ores and minerals (5.2%) and metal products, machinery and equipment (1.7%). Compared to September, wholesale prices were unchanged.
2022-11-15
Saudi Wholesale Inflation Slows to 27-Month Low
The annual wholesale price inflation in Saudi Arabia eased for a sixth straight month to 4.6% in September of 2022, the lowest in twenty seven months. Main price increases were seen for other transportable goods (4.2%), namely basic chemicals (8.1%) and refined petroleum products (3.5%). Other cost increase was also recorded for metal products, machinery & equipment (1.9%), notably general-purpose machinery prices (9.0%) and transport equipment (3.3%); food products, beverages, tobacco & textiles prices (8.6%); agriculture and fishery products (12.5%) and ores & minerals (5.2%). Compared to August, wholesale prices fell by 0.4%.
2022-10-13
Saudi Wholesale Inflation Slows to 20-Month Low
The annual wholesale price inflation in Saudi Arabia eased for a fifth straight month to 5.6% in August of 2022, the lowest since December of 2020. Main price increases were seen for agriculture and fishery products (15.0%), namely agricultural products (18.3%), and live animals and animal products (8.7%). Other cost increase was also recorded for basic transportable goods (4.8%), namely basic chemicals (12.5%) and refined petroleum products prices (3.5%); ores & minerals (6.0%); food products, beverages, tobacco, & textiles (8.8%). Compared to July, wholesale prices fell by 0.5%.
2022-09-15