Dr. Fahad Aldossari, the President of the General Authority for Statistics, met with Mrs. Zehra Zümrüt Selçuk, Director General of (SESRIC) during his visit to the Republic of Turkey. The meeting focused on ways to enhance joint work in the field of statistics and to promote the exchange of expertise between the two parties.

It is noteworthy that this meeting took place on the sidelines of the13th Session of the OIC Statistical Commission (SESRIC), hosted in the Turkish capital, Ankara, with the participation of member states of the Organization of Islamic Cooperation. Several officials from both sides attended the meeting.

Dr. Fahad Aldossari, the President of the General Authority for Statistics, met with Mr. Erhan Çetinkaya, President of the Turkish Statistical Institute (TurkStat), in Turkish capital, Ankara. This meeting took place on the sidelines of the 13th Session of the OIC Statistical Commission (SESRIC). During the meeting, they discussed the progress being made in statistical work in both countries and highlighted the key statistical products that are being developed and issued.

In this context, Dr. Fahad Aldossari welcomed the constructive cooperation between the two sides to exchange experiences, transfer knowledge, and enhance joint efforts. Several officials from both sides attended the meeting.

This meeting is part of a series of international meetings and visits with the goal of fostering cooperative relationships to exchange experiences, share best practices, and inform counterpart organizations about the advancements in the statistical sector in the Kingdom of Saudi Arabia.

The annual inflation rate in Saudi Arabia remained stable at 1.7% during September 2024, showing a relative stability on a year-on-year basis. The inflation rate in Saudi Arabia is considered one of the most stable rates, which confirms the strength and resilience of the Saudi economy. It also demonstrates the effectiveness of the economic plans and decisions that the Kingdom has swiftly implemented to address the wave of global inflation and  high prices.  It is noteworthy that the Consumer Price Index (CPI) reflects the changes in prices that consumers pay for a fixed basket of goods and services consisting of 490 items. This basket was selected based on the results of the Household Expenditure and Income Survey conducted in 2018. Prices are collected through field visits to points of sale, and statistics on the Consumer Price Index in the Kingdom are published on a monthly basis.

His Excellency Dr. Fahad Aldossari, President of the General Authority for Statistics (GASTAT), held a virtual meeting with Ms. Haishan Fu, Chief Statistician of the World Bank, aimed at enhancing partnership and cooperation between the two sides. During the meeting, they reviewed GASTAT's directions towards developing statistical products and discussed international statistical reports issued by the World Bank, as well as ways to strengthen cooperation in various statistical fields. Dr. Fahad Aldossari expressed his gratitude to Ms. Haishan Fu for her commendation of the remarkable progress in statistical work at the national level. He added that exchanging data and statistical indicators with international organizations is one of the strategic pathways within GASTAT's responsibilities, including providing international organizations with statistical data and indicators related to the Kingdom of Saudi Arabia. It is worth noting that the World Bank possesses a lot of global development knowledge and expertise and provides many technical assistance programs to most countries of the world in areas in which the Bank has extensive global technical expertise.

The General Authority for Statistics (GASTAT) released today the results of the Industrial Production Index (IPI) for August 2024. IPI increased by 1.0% during August 2024 compared to the same month in the previous year (August 2023), supported by the rise in mining and quarrying activity, manufacturing activity, and electricity, gas, steam, and air conditioning supply activities.  The publication indicated that the index for mining and quarrying activity in August 2024 rose by 0.8% compared to the same month of the previous year (August 2023). Additionally, the index for manufacturing activity in August 2024 increased by 1.1% compared to August 2023. The sub-index for the supply of electricity, gas, steam, and air conditioning recorded a rise of 4.1%, while the sub-index for water supply, sewerage and waste management and remediation activities decreased of 0.9% compared to August of the previous year. On another note, the index for oil-related activities recorded a decline of 1.4% in August 2024, while the index for non-oil activities achieved an increase of 7.0% compared to August 2023. It is worth mentioning that the General Authority for Statistics issues several statistical products related to the industry, including the Industrial Production Index (IPI), which is an economic indicator that reflects the relative changes and developments in the volume of industrial production. This survey targets industrial establishments engaged in the specified activities, namely mining and quarrying , manufacturing, electricity, gas, steam, and air conditioning supply, as well as water supply, sewage, and waste management activities.

The General Authority for Statistics (GASTAT) indicated that the value of merchandise exports during July 2024 amounted to 94.5 billion SAR, compared to 92.6 billion SAR during July 2023, with an increase of 1.9 billion SAR, or 2.1%.
The value of oil exports during July 2024 amounted to 69.1 billion SAR, compared to 71.3 billion SAR during July 2023, with a decrease of 2.2 billion SAR, or 3.1%, according to the results of the publication.
The value of non-oil exports (including re-exports) during July 2024 amounted to 25.4 billion SAR, compared to 21.3 billion SAR during July 2023, with an increase of 4.1 billion SAR by 19.2% , the results noted.
While the value of the Saudi Arabia's merchandise imports during July 2024 amounted to 75.2 billion SAR, compared to 66.8 billion SAR during July 2023, with a decrease of 8.4 billion SAR, or 12.6%. 

Dr. Fahad Aldossari, the President of the General Authority for Statistics (GASTAT), headed the delegation from GASTAT participating in the 11th Meeting of the Standing Committee for Statistical Work Affairs held in Muscat, Oman. The meeting aimed to enhance Gulf joint statistical work, support sustainable development plans, and exchange statistical expertise among member states.  The Committee reviewed the implementation of its previous decisions and examined performance reports from the past period. It discussed ways to strengthen cooperation among Gulf Cooperation Council (GCC) countries to elevate statistical work, keep pace with global developments, and continuously improve mechanisms for exchanging statistical data. The committee also focused on collaboration in sharing expertise and information, supporting programs to raise statistical awareness, and addressing common challenges. GASTAT’s President highlighted the importance of relations among the GCC countries in pushing wider horizons for effective cooperation in the field of information and statistical data. He expressed his appreciation to the committee members for their efforts in consolidating the concepts of statistical work and its role in supporting development plans and national visions for the council's countries. He praised the support that statistical offices receive from the leaders of GCC countries. The Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (“GCC-Stat”) was established to enhance statistical and informational work for national statistical centers and planning agencies, serving as the official source of data, information, and statistics in the member states. The establishment of GCC Stat was approved by the GCC Ministerial Council in September 2011. The Charter was officially endorsed in December 2012 by the GCC Supreme Council (comprised of heads of member states).