Prices of Saudi food, construction materials down in February

26/03/2017 Argaam

Prices of about 54 food products in Saudi Arabia fell in February when compared to the same month last year, while prices of 26 other commodities rose, data compiled by Saudi General Authority for Statistics showed.

 

The prices of seven non-food commodities increased, with Marlboro cigarettes up the most—by 20 percent. Eight products saw prices drop. Trousers, for example, fell by 2 percent.

 

Prices of feedstock and animals also declined. Green beans fell 26 percent YoY, while prices of Chinese garlic rose by 39 percent.

 

Prices of most construction materials slid again last month. Sand and gravel mixture fell 20 percent, while steel rebar increased by 18 percent.

 

Demand for construction materials has fallen lately in the kingdom as the sector continues to face an ongoing slowdown due to tighter government spending amid low oil prices.

 

Food prices (February 2017)

Price increases

Declines

Product

Variation %

Product

Variation %

Chinese garlic (1 Kg)

+39%

Green beans (1 Kg)

(26%)

Al Osra fine sugar (10 Kg)

+21%

Local Tomatoes (1 Kg)

(21%)

Local zucchini (1 Kg)

+7%

Local watermelon (1 Kg)

(16%)

Indian Cardamoms (1 Kg)

+6%

Imported tomatoes (1 Kg)

(16%)

Egyptian Orange (1 Kg)

+5%

White Cabbage (1 Kg)

(15%)

Local white flour (2 Kg)

+4%

Local medium potatoes (1 Kg)

(14%)

Local carrots (1 Kg)

+3%

Nido Powder Milk (1.8 Kg)

(13%)

Local whole wheat flour (1 Kg)

+3%

Medium African Lemon (1 Kg)

(12%)

Lebanese Grapes (1 Kg)

+2%

Local green Pepper (1 Kg)

(11%)

Nescafe (100 g)

+1%

Local eggs Carton (box)

(11%)

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