FX.co ★ Saudi Arabia Inflation Rate Steady at 2.3%

In April 2025, Saudi Arabia's annual inflation rate held steady at 2.3%, marking its highest level since July 2023 and surpassing market expectations of 2.2%. Price increases were most notable in the food and beverages sector, climbing to 2.2% from 2.0% in March, and in education, which rose to 1.3% from 1.1%. Meanwhile, the rate of decline slowed in the costs associated with furnishings and household equipment, which moved from -2.6% to -1.8%. Conversely, inflation rates saw a slight moderation in the sectors of housing and utilities, easing to 6.8% from 6.9%. The rates further decreased in communication, falling to -1.5% from -1.4%, in clothing and footwear, dropping to -1.2% from -0.8%, and in transport, which decreased to -1.0% from -0.8%. Costs also declined in recreation and culture, shifting from a slight increase of 0.3% to a decrease of -0.7%. On a month-to-month comparison, consumer prices experienced a steady rise of 0.3% in April, mirroring the rate observed in March.