02:37 AM EDT, 08/23/2026 (MT Newswires) -- Saudi Arabia's construction cost index increased 2.3% year over year in July, following a 2.7% rise in the previous month, according to data from the General Authority for Statistics released Sunday. The latest jump was largely attributed to higher construction costs in the residential and non-residential sectors. On a monthly basis, construction costs in the kingdom were flat, against the prior 0.1% uptick.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.