Thursday, 14 August 2025

Saudi wholesale price index rose by 2.1% in July

The General Authority for Statistics revealed that the Saudi wholesale price index rose by 2.1% year-on-year in July 2025, compared to its counterpart in 2024. This increase was primarily attributed to a 4.1% increase in the prices of other transportable goods and a 4.4% increase in the prices of agricultural and fishing products.

The Authority stated: “Prices of the main classification of other transportable goods, excluding mineral products, and machinery and equipment, increased by 4.1% in July 2025 compared to July 2024, driven by an 8.3% increase in refined petroleum products and an 8.6% increase in furniture and other transportable goods not elsewhere classified.

The agricultural and fishing products category also saw a 4.4% increase, driven by a 6.6% increase in agricultural product prices and a 4.4% increase in fish and other fishing products. 5.5%.

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In the same context, prices for metal products, machinery, and equipment rose by 0.1%, due to a 1.3% increase in base metal prices and a 2.8% increase in manufactured metal products.

Prices for food, beverages, tobacco, and textiles also rose by 0.3%, due to a 1.6% increase in the prices of grain mills, construction, and other food products, as well as a 1.0% increase in the prices of leather, leather products, and footwear.

On the other hand, prices for raw materials and metals decreased by 0.8%, due to a 0.8% decrease in stone and sand prices.

The Authority added that, on a monthly basis, the wholesale price index decreased by 0.1% in July 2025 compared to June 2025, due to a 0.4% decrease in the prices of other transportable goods, excluding metal products, machinery, and equipment, due to a 3.0% decrease in the prices of basic chemicals and a 0.1% decrease in the prices of rubber and plastics products.

The products category also recorded a decrease. Agriculture and Fisheries decreased by 0.3%, driven by a 0.4% decline in agricultural products and a 0.3% decline in fish and other fishery products. Meanwhile, prices of metal products, machinery, and equipment rose by 0.1%, driven by a 1.4% rise in radio, television, and communications equipment and devices, and a 1.1% rise in medical equipment.

In the same context, prices of raw materials and metals rose by 0.1%, driven by a 0.1% rise in stone and sand prices.

Meanwhile, prices of food, beverages, tobacco, and textiles remained stable, with no significant changes in July 2025.

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