FX.co ★ Saudi Arabia’s Inflation Edges Up to 1.8% in May, Marking Slight YoY Acceleration

Saudi Arabia’s consumer price index (CPI) rose 1.8% year-over-year in May 2026, a modest uptick from the 1.7% annual increase recorded in April 2026. The latest reading, updated on 15 June 2026, signals a slight acceleration in inflationary pressures in the kingdom, though price growth remains relatively contained.

Both the current and previous figures reflect year-over-year comparisons, measuring the change in prices in each month against the same month a year earlier. The move from 1.7% to 1.8% suggests that, while inflation is edging higher, it is doing so gradually, offering some reassurance for policymakers and investors monitoring price stability in the Saudi economy.