Saudi Arabia

Saudi Inflation Holds at 2.1% as Non-Oil Sector Drives 1.4% Quarterly GDP Growth

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Key Takeaways Inflation at 2.1% in May 2026, moderate and stable, according to the General Authority for Statistics, June 2026. Central bank repo rate stands at 5.50%, with the next policy decision scheduled for 24 July 2026, per the Saudi Central Bank (SAMA). GDP grew 1.4% in Q1 2026 compared to the previous quarter, and … Read more

Saudi Inflation Holds at 2.1% as Non-Oil Growth Drives 1.4% GDP Expansion in Q1 2026

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Key Takeaways Inflation at 2.1% in May 2026, according to the General Authority for Statistics (June 2026 release). Central bank repo rate stands at 5.50%, with the next SAMA decision on 24 July 2026. GDP grew 1.4% in Q1 2026 on a quarterly basis, and 3.8% annually for 2025, per GASTAT. Unemployment fell to 4.7% … Read more