Saudi Arabia’s wholesale prices increased 4.6% year on year in August 2026, down from 5.0% in July, while annual consumer inflation remained at 1.8% for a fourth straight month and matched market expectations. Wholesale-price growth slowed for agriculture and fishery products to 4.8% from 6.2%, and for other transportable goods excluding metal products, machinery and equipment to 8.2% from 9.7%. Deflation continued in ores and minerals at 1.8%, compared with 0.1% in July, while metal products, machinery and equipment recorded faster annual growth of 2.2%, up from 1.5%. Consumer-price increases accelerated for transport, recreation, sport and culture, and personal care, social protection and miscellaneous costs, while food and beverages and housing and utilities inflation eased. Consumer prices rose 0.1% month on month, the weakest increase since December and down from 0.2%, while wholesale prices fell 0.2% after being unchanged in July.