Saudi Arabia Wholesale Inflation Steady in July

The annual wholesale price inflation in Saudi Arabia stood at 2.1% in July 2025, remaining at its highest level since October 2024, while maintaining the same pace in the previous month. This was mainly driven by higher prices in food products, beverages, tobacco, and textiles (0.3% vs 0.2% in July), while costs fell slower for ores and minerals (-0.8% vs -1.1%). At the same time, price growth rebounded for metal products, machinery, and equipment (0.1% vs -0.3%), while costs remained unchanged for agriculture and fishery products (4.4%). Meanwhile, a decrease was seen in prices for other transportable goods, except metal products, machinery, and equipment (4.1% vs 4.5%). On a monthly basis, wholesale prices fell by 0.1% in July, unchanged from the preceding month.