GASTAT: Releases Internal Trade Survey’s Results Q3- 2018 The General Authority for Statistics (GASTAT) released on its official website www.stats.gov.sa the results of the "Internal Trade Survey for the Third Quarter of 2018". The survey is about a set of economic statistics and data for short-term use to measure the performance of the trade sector in order to assess its growth, and identify its strengths or weaknesses. Moreover, it is an important economic activity that contributes to increase employment and GDP, exactly like the retail activity which connects producers with consumers, and focusses on the features and components of establishments engaged in the activities of vehicles sale and repair as well as wholesale and retail sale trade. The survey showed that the number of Saudi females’ workers of internal trade establishments increased by 4%, compared to the previous quarter. The workers’ number of internal trade sector in Saudi Arabia reached about one million six hundred ninety-three thousand workers by the end of the third quarter of 2018, including almost one million two hundred fifty-five thousands of non-Saudi workers. However, the number of Saudi workers of the same sector was approximately four hundred thirty-eight thousand workers. Rate of worker’s productivity in internal trade activity increased by 1.12% compared to last year 2018, results showed. They also indicated that the total operating revenues(sales) of internal trade sector reached (151,389 million) one hundred and fifty billion, three hundred eighty-nine million riyals during the second quarter of 2018.   The total operating expenses of the sector during the same period reached (90,224 million) ninety billion, two hundred twenty-four million riyals. Therefore, the operating surplus of the three sectors activities during the third quarter of 2018 was about (49,424 million) forty-nine thousand, four hundred twenty-four million riyals.            Based on the results of the survey, the operating surplus of the wholesale trade was the highest among all the activities of the internal trade and was about (19,153 million) nineteen thousand, one hundred fifty-three million riyals during the third quarter of 2018. On the other hand, the operating surplus of the retail trade activity reached around (16,008 million) one thousand, six hundred eight million riyals. Finally, the operating surplus of the sale and repair of motor vehicles and motorcycles activity accounted to almost (14,262 million) fourteen thousand, two hundred sixty-two million riyals.

GASTAT releases the Labour Market Bulletin, Quarter (4) 2018 GASTAT: Saudis’ Unemployment Rate Decreases During the fourth Quarter of 2018 Compared to the Previous Quarter On Sunday Rajab 24th, 1440H. (corresponding to March 31st, 2018) GASTAT released the Labour Market Bulletin for the fourth quarter of 2018 on its official website  (www.stats.gov.sa). The bulletin is based on the estimates of the Labour Force Survey that is conducted by GASTAT on a quarterly basis as well as the labour market data from the administrative records available at the related entities (Ministry of Labour and Social Development, Ministry of Civil Affairs, General Organization for Social Insurance, Human Resources Development Fund, and National Information Center).   The results of the 2018 fourth quarter bulletin, based on the estimates of the Labour Force Survey, showed a decrease in the total unemployment rate of Saudis (15 years and above) reaching (12.7%) compared to (12.8%) in the previous quarter. The Saudi males’ unemployment rate reached (6.6%), whereas the unemployment rate of Saudi females reached (32.5%) in the fourth quarter of 2018. The unemployment rate for the total population (15 years and above) stabilized at (6.0%) in the fourth quarter of 2018. The results of the survey also showed that the economic participation rate of total Saudis (15 years and above) reached (42.0%) in the fourth quarter of 2018. The economic participation rate reached (20.2%) among Saudi females, and (63.0%) among Saudi males in the fourth quarter of 2018. Also, the bulletin indicated that the total employed Saudis (males and females) reached (3,111,199) based on the data of the administrative records. According to the results of the bulletin and based on the data of the Ministry of Civil Service (Jadarah and Sa’ed) and the data from the Human Resources Development Fund (Taqat), the total number of Saudi job seekers reached (970.229) in the fourth quarter of 2018. GASTAT has defined jobseekers as Saudi individuals (males and females) registered in job seeking programs of the Ministry of Civil Service (Jadarh and Sa’ed) as well as Human Resources Development Fund (Taqat) where they entered their personal data, qualifications, experiences, and CVs electronically. Jobseekers included in the administrative records are not subjected to the internationally recognized criteria and conditions of the International Labor Organization (ILO); hence, not all of them are considered unemployed individuals. Therefore, not every job seeker is an unemployed individual; they may be looking for a work while still working in another job, as in the case of job seekers in the government sector where they work for their own business and not registered as employees in the governmental administrative records (Civil Service, Social Insurance, commercial registers, and municipal licenses) .

GASTAT: Wholesale Price Index Increases in February 2019 On Wednesday, the 13th of Rajab 1440 H/ 20th of March 2019 AD, the General Authority for Statistics (GASTAT) released its the monthly indicator of Saudi wholesale price index for February and it was published on its website www.stats.gov.sa . The indicator recorded (116.5) points with 0.1% increase in February 2019, compared to last month (January) where it recorded (116.4) points. The indicator includes five main sections; agriculture and fisheries products, raw materials and metals, Food products, beverages, tobacco and textiles, metal products, machinery and equipment, and other goods.  The report attributed that increase to the outcome of the changes of the five main sections composing this indicator; metal products, machinery and equipment increased to 1.0%. On the other hand, raw materials and metals decreased by 1.0%, agriculture and fisheries products went down 0.5%, and other goods 0.5%. However, food products, beverages, tobacco and textiles remained without any changes.  Saudi Arabia's wholesale price index measures the average changes in the prices of goods and services sold in primary markets and takes into account the change in price only. Accordingly, all changes resulting from differences in quality, quantity discount, Shipping method, and other influencing factors in order to obtain the net price only after excluding all the mentioned effects. This number is general for all and is prepared in all parts of the Kingdom. It is worth mentioning that the wholesale price index is used to monitor the changes in the prices of local or imported goods, which are dealt with in the market, and consequently to determine the price trends and the conditions of the market variables. The wholesale price index is one of the important tools used to prepare national accounts, by clearing income and national groups from the impact of price changes.