Palm trees and buildings in Saudi Arabia

Saudi Arabia Inflation March 2019

Saudi Arabia: Consumer prices decline for third consecutive month in March

Consumer prices fell 0.1% over the previous month in March, following February’s 0.2% decline. The drop was mainly due to lower prices for housing, water, electricity, gas and other fuels as well as for recreation and culture.

In March, consumer prices fell 2.1% in annual terms, up from the 2.2% drop in February. February’s print had represented the sharpest decline since April 1999. Meanwhile, the annual average variation in consumer prices declined from February’s 1.6% increase to a 1.2% rise in March.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest