RIYADH: Saudi Arabia’s annual inflation rate slowed to 1.9 percent in November, easing from 2.2 percent in the previous two months, as softer price pressures outside housing offset continued increases in rents.
Consumer prices rose 1.9 percent from a year earlier, data from the General Authority for Statistics showed, marking the first move below the 2 percent level since mid-2025, after inflation peaked at 2.3 percent in August.
The data showed that housing-related costs remained the largest contributor to inflation, driven by a 5.4 percent rise in actual rents, particularly for primary residences.
Saudi Arabia’s inflation trajectory aligns with projections made by the International Monetary Fund in October, which said the Kingdom is expected to maintain an annual inflation rate of 2.1 percent in 2025 and 2 percent in 2026.
In its latest report, GASTAT stated: “The CPI in the Kingdom recorded an annual increase of 1.9 percent in November 2025 compared to the same month of the previous year.”
