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2025-12-15 15:05:22
[Saudi Arabia's Wholesale Inflation Slows in November] ⑴ Saudi Arabia's annual wholesale price inflation rate slowed to 2.3% in November, down from a 13-month high of 2.9% in the previous month. ⑵ The main downward pressure came from the slowdown in the growth rate of agricultural and fishery product prices to 2.3% (from 4.6% in October). ⑶ The growth rate of transportable goods prices, excluding metal products, machinery and equipment, slowed to 4.3% (from 5.4% previously). ⑷ In addition, the decline in ore and mineral prices widened to 0.8% (from a 0.6% decline previously). ⑸ On the other hand, the growth rate of metal products, machinery and equipment prices accelerated to 0.8% (from 0.5% previously). ⑹ The growth rate of food, beverage, tobacco and textile prices remained stable at 0.5%. ⑺ On a monthly basis, wholesale prices fell by 0.3% month-on-month in November, reversing the 0.5% increase in the previous month.
