Tuesday, 15 July 2025

Saudi Wholesale Price Index Rises 2.1% in June

Saudi Arabia’s Wholesale Price Index (WPI) increased by 2.1% annually in June 2025 compared to the same period in 2024.

This increase was primarily attributed to a 4.5% rise in the prices of other transportable goods (excluding metal products, machinery, and equipment), alongside a 4.4% increase in agriculture and fishery product prices.

 Other Transportable Goods See Price Increase in June

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The prices of other transportable goods (excluding metal products, machinery, and equipment) rose by 4.5%. This was driven by an 8.2% increase in refined petroleum products and a 9.3% rise in the prices of furniture and other transportable goods not elsewhere classified (n.e.c.).

Similarly, prices for agriculture and fishery products increased by 4.4%, a result of a 7.0% rise in fish and other fishing products, and a 6.7% increase in agricultural products.

Prices for food products, beverages, tobacco, and textiles also edged up by 0.2%, driven by a 1.4% rise in grain mill products, starch, and other food products, as well as a 1.1% increase in leather, leather products, and footwear.

Conversely, the prices of ores and minerals fell by 1.1%, due to a 1.1% decrease in stone and sand prices.

The prices of metal products, machinery, and equipment decreased by 0.3%, driven by a 4.7% decline in radio, television, and communication equipment and apparatus, and a 3.5% decrease in general-purpose machinery.

 Wholesale Prices Decline Month-on-Month in June

On a monthly basis, the WPI declined by 0.1% in June 2025 compared to May 2025. This was due to a 0.2% decrease in the prices of metal products, machinery, and equipment, driven by a 0.5% decline in radio, television, and communication equipment and apparatus, and a 0.5% decrease in general-purpose machinery.

Prices for other transportable goods (excluding metal products, machinery, and equipment) also decreased by 0.1%, resulting from a 0.4% decrease in basic chemicals and a 0.2% decrease in glass and non-metallic products.

Similarly, prices for food, beverages, tobacco, and textiles decreased by 0.2%, due to a 0.5% decline in textile articles other than apparel, and a 0.4% decrease in leather, leather products, and footwear.

On the other hand, prices for agricultural and fishery products increased by 0.4%, driven by a 0.6% rise in live animals and animal products, and a 0.4% increase in agricultural products.

Meanwhile, the prices of ores and minerals remained stable with no significant change in June 2025.

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