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Saudi Wholesale Price Index up 0.7%

Saudi Wholesale Price Index up 0.7%
wholesale price index

Riyadh-Mubasher: The wholesale price index for January 2015 rose by 0.7%, compared to the same period of 2014, as a result of the changes witnessed by the major sections consisting the index of wholesale prices.

According to the report of the Central Department of Statistics and Information (CDSI), the sector of miscellaneous manufactured goods rose by 3.4%, followed by food and live animals (+2.5%), then beverages and tobacco (+2.4%) and chemicals and related products (+2.2%).

On the other hand, the sector of other goods witnessed a decline by 2.3%, machinery and transport equipment (-1.4%) and manufactured goods classified by material (-1.2%), then the sector of animal and vegetable oils and fats (-1.1%).

The sector of raw materials except fuels and the sector of metal fuels and related products remained at their previous level each with no change.