Saudi Arabia's Annual Construction Costs Climb 2.3% in July

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.