Kuwait FM Receives New Australian Ambassador’s Credentials

Kuwait's Foreign Minister Sheikh Jarrah Jaber Al-Ahmad...

Kuwait And Czech Republic Discuss Bilateral Ties

Senior officials from Kuwait and the Czech...

UAE Launches App To Report Extremist Threats

The UAE has launched a new mobile...
HomeBusinessSaudi Inflation Rises...

Saudi Inflation Rises To 1.8% In June On Housing Costs

Saudi Arabia’s annual inflation rate rose to 1.8% in June 2026, with higher housing costs continuing to be the main driver of consumer price increases, according to data released by the General Authority for Statistics (GASTAT).

The housing, water, electricity, gas and other fuels category recorded a 3.5% annual increase, largely due to a 4.4% rise in actual housing rents, making it the biggest contributor to overall inflation.

Food and beverage prices increased by 1.4% compared with a year earlier, while transport costs rose 1.7%.

The largest increase among the main consumer categories was recorded in personal care, social protection and other goods and services, which climbed 3.8%. The rise was driven by a sharp increase in the cost of jewellery and watches.

Prices for recreation, sport and culture also rose 2.5%, supported by higher holiday package costs.

Some categories recorded modest declines over the year. Restaurant and accommodation services, as well as information and communication, each fell by 0.1%.

On a monthly basis, the Consumer Price Index increased 0.2% in June compared with May. Food and beverage prices rose 0.7%, transport increased 0.4%, while housing costs edged up 0.1%.

The latest figures indicate that Saudi Arabia’s inflation remains relatively moderate despite continued increases in housing and selected consumer goods.

Submit Your Article

Share your story with Khaleej Telegraph readers

Minimum 300 words recommended

Our editorial team will review your submission within 48 hours

Continue reading

UAE President Meets Sheikh Mohammed In London

UAE President Sheikh Mohamed bin Zayed Al Nahyan met Vice President, Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum in London on Thursday. The meeting reflected the close relationship between the two leaders and reaffirmed their...

Iraq Reaffirms Anti-Terror Law Ahead Of Disarmament Deadline

Iraq's state media has republished the country's anti-terrorism law, warning that armed groups operating outside state authority after Sept. 30 will face legal action as security forces move to a heightened state of readiness. The Iraqi News Agency (INA) said...

Kurdish Athlete Wins Silver At World Taekwondo Event

Kurdish taekwondo athlete Yalda Qadri has won a silver medal at the 2026 World Taekwondo Hanmadang tournament in Seoul, marking a notable achievement for the Kurdistan Region on the international stage. Qadri, 28, secured second place in the knife-hand power...