Saudi wholesale prices up 4.6% in August

Wholesale prices in Saudi Arabia increased by 4.6% in August 2026 compared to the same month of the previous year, according to a report by the General Authority for Statistics. The main reason for the rise was attributed to an 8.2% increase in the prices of transportable goods, especially basic chemicals by 51.4% and refined petroleum products by 4.0%. Additionally, there was a 2.2% increase in the prices of metal products, machinery, and equipment, as well as a 4.8% rise in agricultural and fishing products. Conversely, the prices of raw materials and minerals declined by 1.8%. Some sectors showed resistance to the decrease, with prices of metal products and machinery increasing by 0.8%, and food and beverages rising by 0.6%.

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