Saudi Arabia Macroeconomic Developments   The IMF revised Saudi Arabia’s economic growth forecast to 1.5 percent for 2024 and 4.6...

Saudi Arabia Macroeconomic Developments   According to the General Authority for Statistics (GAStat), Saudi Arabia’s annual inflation rate hit 1.7...

Saudi Arabia Macroeconomic Developments   According to the General Authority for Statistics (GAStat), the Industrial Production Index (IPI) rose by...

Saudi Arabia Macroeconomic Developments   Saudi Arabia’s overall unemployment rate fell to 3.3 percent in the second quarter of 2024,...

Saudi Arabia Macroeconomic Developments   Consumers in Saudi Arabia spent SAR247.2 million ($65.8 million) on electronics from Sept. 15 to...

Saudi Arabia Macroeconomic Developments   Saudi Arabia’s inflation rate reached 1.6 percent YoY in August, driven by higher housing costs....

Saudi Arabia Macroeconomic Developments   Saudi Arabia’s GDP declined 0.3 percent YoY during Q2, largely due to an 8.9 percent...

Saudi Arabia Macroeconomic Developments   Saudi Arabia’s non-oil sector registered its first growth since February per Riyad Bank’s Purchasing Managers’...