The annual wholesale price inflation in Saudi Arabia accelerated to 2.9% in October 2025 from 2.1% in the previous four months, marking its highest level since September 2024. The main upward pressure came from higher inflation in other transportable goods excluding metal products, machinery, and equipment (5.4% vs. 4% in September), driven by an 8.2% increase in refined petroleum product prices and a 6.9% rise in basic chemical prices. Price growth also picked up for metal products, machinery, and equipment (0.5% vs. 0.1%). Meanwhile, inflation slightly eased for agriculture and fishery products (4.6% vs. 4.7%) and for food products, beverages, tobacco, and textiles (0.5% vs. 0.6%), while costs continued to decline for ores and minerals (unchanged at -0.6%). On a monthly basis, wholesale prices rose 0.5%, the fastest increase since January, following a 0.3% gain in September.
