Inflation Saudi Arabia 2002
Average inflation: 0.2%
Current Inflation
Inflation is very low at 0.2%, well below the ECB target.
Peak and Trough
The highest inflation was in November at 0.8%. The lowest inflation was in January at -0.3%.
- Highest month
- November: 0.8%
- Lowest month
- January: -0.3%
- Difference
- 1.1 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 0.9% higher than the 5-year average of -0.7%. This approaches the highest level since records began (0.2% in 2002).
- 5-year average
- -0.7%
- 10-year average
- -0.7%
- All-time high (2002)
- 0.2%
- All-time low (2001)
- -1.1%
Trend
Inflation shows an upward trend. Compared to 2001, inflation has risen by +1.3 percentage point.
- Change vs. previous year
- +1.3 percentage points
- Largest monthly swing
- September: +1.8 percentage points
ECB Target
Inflation is 1.8% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €100.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2002
Month overview
| Month | Inflation | Difference vs. 2001 |
|---|---|---|
| January | -0.3% | +1.7 |
| February | 0.0% | +1.5 |
| March | -0.1% | +1.0 |
| April | -0.2% | +0.8 |
| May | 0.0% | +1.0 |
| June | -0.2% | +0.9 |
| July | 0.3% | +1.3 |
| August | 0.6% | +1.8 |
| September | 0.7% | +1.8 |
| October | 0.6% | +1.5 |
| November | 0.8% | +1.6 |
| December | 0.7% | +1.3 |
| Average | 0.2% |
Data source
Data from OECD. Last updated: 04/01/2026.