Saudi Arabia reports price increase in 111 goods, services in February

22/03/2023 Argaam Special

Saudi Arabia reports price increase for 111 goods, services in February

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Prices of 53 goods and services in Saudi Arabia decreased year-on-year (YoY) in February, while prices of 111 out of 169 goods and services rose, data issued by the General Authority for Statistics (GASTAT) showed.

 

Out of the 91 food products, prices of AlSafi Yogurt recorded the highest rise, up 37.93% YoY. It was followed by local frozen chicken (Al Watania), with a 34.93% YoY increase.

 

On the other hand, American cardamom and pumpkin saw the steepest decline YoY at 25.16% and 23.17%, respectively.

 

Meanwhile, prices of 15 construction materials surged YoY in February, while 23 others declined during the same month.

 

Prices of nine fodder and livestock products soared YoY, while prices of the other two types decreased in February.

 

Prices of all clothing items, as well as personal services, saw a YoY rise in February.

  

Prices of three detergents out of four items climbed up.

 

Elsewhere, two healthcare services were up, while the price of one service fell last month.

 

In addition, prices of one out of two services under the maintenance and repair of personal means of transportation grew YoY.

 

The prices of both hotel and furnished apartment services rose YoY in February.

 

Under the tobacco products category, prices of Marlboro cigarettes remained unchanged YoY.

 

 

Details and Historical Data of Consumer Spending

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