Saudi construction costs rise 2.3% in July

Construction costs in Saudi Arabia increased by 2.3% year-on-year in July 2026, while remaining stable compared to the previous month. The rise was driven by higher labor costs (1.4%) and equipment and machinery rentals (4.2%), as well as an increase in prices of essential materials by 1.8%, including wood and carpentry (3.9%). Additionally, higher energy costs (3.0%) contributed to the overall increase, affecting both the residential and non-residential sectors, which saw an increase of 2.2% and 2.6%, respectively. Data indicates that labor and material costs were the most significant factors influencing the rise in construction expenses during the month.

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