A recent report by the Saudi Central Bank (SAMA) showed that the Inflation rate in Saudi Arabia is expected to remain stable in the second quarter of 2025.
SAMA’s report noted that global economy is facing increasing challenges in 2025 due to rising geopolitical tensions and changes in trade policies.
Consumer Price Index
The average consumer price index in Saudi Arabia grew by 2.1% during the first quarter of 2025 compared to the same quarter in 2024.
The housing, water, electricity, gas and other fuels sector recorded the highest increase of 7.4% compared to the same quarter of the previous year.
Inflation Rates
Inflation rates varied between the Kingdom’s cities during the Q1 2025.
Riyadh and Mecca reached the highest inflation rates in the first quarter of this year, at 3.6% and 3.3%, respectively.
Wholesale Price Index
The wholesale price index in the first quarter of this year recorded an annual increase of 1.3% compared to the Q1 2024.
2025 Q2 Anticipations
Inflation rate is expected to remain stable in the second quarter of 2025 compared to the same quarter of 2024.
This stability is due to various factors such as the anticipated balance between slowing global inflation and the expected impact on customs duties.
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