Saudi Arabia: Wholesale Inflation Accelerated to 4.5%

Saudi Arabia’s annual wholesale price inflation accelerated for the first time in four months to 4.5% in October 2026, up from 4.2% in the previous month, which was the lowest reading since January. Price growth accelerated for other transportable goods excluding metal products, machinery and equipment (8.0% vs 7.1% in September) and food products, beverages, tobacco and textiles (1.6% vs 1.3%). Meanwhile, price growth eased for agriculture and fishery products (4.1% vs 4.4% in September) and ores and minerals (2.0% vs 2.2%), while prices of metal products, machinery and equipment fell 0.3%, compared with a 0.2% increase in September. On a monthly basis, wholesale prices rose 1.1% in October, rebounding from a 0.2% drop in September.