Saudi inflation remains stable at 1.9% in September despite global shipping risks
RIYADH — Saudi Arabia’s annual inflation rate remained steady at 1.9 percent in September 2026, while consumer prices were unchanged month-on-month. The stability comes amid risks to global trade and energy supplies arising from tensions along maritime routes, which could exert upward pressure on shipping costs and disrupt supply chains.Data released on Thursday by the General Authority for…
In September 2026, Saudi Arabia's annual inflation rate remained stable at 1.9 percent, according to data released by the General Authority for Statistics (GASTAT). Despite global shipping risks stemming from maritime route tensions, consumer prices remained unchanged month-on-month. The Wholesale Price Index (WPI) rose by 4.2 percent year-on-year, with the housing, water, electricity, gas, and other fuels sector contributing the most to this increase, accounting for 0.7 percentage points of annual inflation.
This sector's rise was driven by a 3.5 percent increase in housing rents and a 12.9 percent surge in jewelry and watch prices. Other sectors, including food and beverages, transportation, and personal care, also experienced price increases, with the latter two each contributing 0.3 percentage points to the total. On a monthly basis, the CPI remained steady, while the WPI saw a slight decline of 0.2 percent compared to August 2026.
Written by urgent.news from Saudi Gazette's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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