FX.co ★ Saudi Arabia Wholesale Inflation Steady in March

In March 2025, Saudi Arabia's annual wholesale price inflation remained steady at 1.5%, maintaining its peak level since October 2024. Prices showed stability in sectors such as food products, beverages, tobacco, and textiles, which saw a modest increase of 0.1%, while ores and minerals experienced a decline of 1.9%. The cost escalation for agricultural and fishery products moderated slightly to 3.6%, down from 3.9% previously. Additionally, the price growth for other transportable goods, excluding metal products, machinery, and equipment, eased to 3.2% from 3.4%. Deflation in the machinery and equipment sector slowed, with prices decreasing by 0.2% compared to a 0.5% drop prior. On a month-to-month basis, wholesale prices increased by 0.4% in March 2025, recovering from a 0.5% decline seen in the previous month.