Saudi wholesale prices rise 4.6% in August as basic chemical prices surge 51.4%

RIYADH — Saudi Arabia’s Wholesale Price Index (WPI) rose 4.6 percent year-on-year in August 2026, mainly driven by an 8.2 percent increase in other transportable goods and a 2.2 percent rise in metal products, machinery and equipment. According to the General Authority for Statistics (GASTAT), basic chemical prices recorded a particularly sharp 51.4 percent annual increase. Prices of metal products, machinery and equipment increased 2.2 percent annually, supported by a 5.4 percent rise in basic

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