Wholesale prices in Saudi Arabia increased 0.9% during January 2025

The record for wholesale prices in Saudi Arabia on an annual basis increased by 0.9% during the month of January 2025, compared to its counterpart from 2024 AD.
According to the wholesale price report issued by the Statistics Authority, this rise is mainly due to the high prices of other transportable commodities by 1.5%, as well as the prices of agriculture and fishing products by 4.6%.
On an annual basis, the door of other transportable commodities, with the exception of metal products, machines and equipment, witnessed an increase in its prices by 1.5% in January 2025 compared to the same month last year.
This came as a result of the high prices of refined oil products by 8.2%, as well as the high prices of furniture and other transportable commodities that are not classified elsewhere by 8.1%.
In the same context, the prices of agriculture and fishing products increased by 4.6%, driven by the prices of agriculture products by 7.0%, and fish prices and other fishing products by 1.3%.
The prices of food products, drinks, tobacco and textiles decreased by 0.3%, as a result of the low prices of meat, fish, fruits, vegetables, oils and fats by 2.7%, and dairy products by 1.6%.
The prices of metal products, machinery and equipment decreased by 0.2%, as a result of the decrease in the prices of used machines for general purposes by 3.2%, and the prices of radio, television and communications equipment and devices by 6.1%.
The prices of raw materials and minerals decreased by 2.2, as a result of the decrease in the prices of stones and sand by 2.2%.
On a monthly basis, the wholesale price index witnessed a rise of 1.7% in January 2025, compared to December 2024.
This came due to the increase in other transportable commodities with the exception of metal products by 4.1%as a result of the high prices of refined oil products by 8.2%, furniture prices and other transportable commodities that are not classified elsewhere by 0.2%.
In the same context, the prices of food products, drinks, tobacco, and textiles increased by 0.2 %, as a result of the high prices of meat, fish, fruits, vegetables, oils and fats by 0.5 %, and the high prices of leather, leather products and shoes by 0.9 %.
On the other hand, the prices of metal products, machinery and equipment decreased by 0.2%, as a result of the decrease in the prices of base metals by 0.2%, and the decrease in the prices of used machines for general purposes by 0.3%.
The prices of raw materials and minerals decreased by 0.1% due to the decrease in the prices of stones and sand by 0.1%.
The prices of agriculture and fishing products settled and did not record any relative change in January 2025.