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Saudi Arabia Inflation July 2019

Saudi Arabia: Consumer prices decline at softest pace in seven months in July

Consumer prices rose 0.1% over the previous month in July, following June’s 0.2% increase. The result mainly reflects higher prices for furnishings, household equipment and maintenance, health and transportation.

In July, consumer prices fell 1.3% in annual terms, above the 1.4% drop in June and the softest decline so far this year. Meanwhile, the annual average variation in consumer prices declined from June’s 0.2% increase to a 0.1% drop in July.

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