Inflation Saudi Arabia 2017
Average inflation: -0.8%
Current Inflation
There is deflation with consumer prices declining by 0.8%.
Peak and Trough
The highest inflation was in January at -0.5%. The lowest inflation was in November at -1.7%.
- Highest month
- January: -0.5%
- Lowest month
- November: -1.7%
- Difference
- 1.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 26.5%. The lowest price increase was in Clothing and footwear with an average of -3.0%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 26.5%
- Lowest increase
- Clothing and footwear: -3.0%
Historical Context
Current inflation is 2.5% lower than the 5-year average of 1.7%.
- 5-year average
- 1.7%
- 10-year average
- 3.7%
- All-time high (2008)
- 9.9%
- All-time low (2001)
- -1.1%
Trend
Inflation shows a downward trend. Compared to 2016, inflation has fallen by +2.9 percentage point.
- Change vs. previous year
- -2.9 percentage points
- Largest monthly swing
- March: -3.3 percentage points
ECB Target
Inflation is 2.8% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €99.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | -0.5% | -3.0 |
| February | -0.6% | -3.2 |
| March | -0.7% | -3.3 |
| April | -0.7% | -3.2 |
| May | -0.7% | -3.0 |
| June | -0.5% | -2.8 |
| July | -0.8% | -3.1 |
| August | -0.7% | -2.8 |
| September | -0.8% | -2.7 |
| October | -1.2% | -2.8 |
| November | -1.7% | -3.0 |
| December | -1.1% | -2.1 |
| Average | -0.8% |
Data source
Data from OECD. Last updated: 11/01/2026.