Economy and macroUpdated 2h ago

Saudi wholesale prices rose 4.5% year over year in October.

Saudi wholesale prices rose 4.5% year over year in October, but the increase was far from evenly spread. The strongest push came from other transportable goods, excluding metal products, machinery and equipment, whose prices climbed 8%. Within that group, basic chemicals jumped 24.2%, while refined petroleum products and fuels rose 5.5%. Metal products, machinery and equipment moved the other way, slipping 0.3%, mainly as basic metal prices fell. On a monthly basis, the Wholesale Price Index was up 1.1% from September.

1 publisher1 report

Coverage started 2h ago