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Saudi Arabia and South Korea Signed a Memorandum of Understanding in the Field of Statistics

31-10-2017

Within the joint committee meetings events on the occasion of completing 55 years in the capital city Seoul  Saudi Arabia and South Korea Signed a Memorandum of Understanding in the Field of Statistics    Saudi Arabia and South Korea signed on Friday 7th of Safar 1439 H (27th of October 2017) in Seoul the capital city of South Korea a memorandum of understanding (MOU) to cooperate in the field of statistics. It aims to establish a cooperation between the two countries in the field of statistics by exchanging administrative and technical experiences that are related to the work of official statistical entities. Moreover, the signing ceremony was held within the “Saudi-Korean” joint committee meetings events on the 26 and 27 of this October. These events were held in the capital city of Korea on the occasion of completing 55 years of relationship between The Kingdom and Korea. The memorandum was signed by his excellency the president of GaStat Dr.Fahad Bin Sulaiman AL-Tukhaifi from the Saudi side and by the official commissioner of the Korean statistics Mrs. Hwang Soo Kyeong from the Korean side. A number of the two countries officials have attended the ceremony. In addition, his excellency the president of GaStat Dr.Fahad Bin Sulaiman AL-Tukhaifi expressed in his speech for this occasion his thanks to the Korean side for the warm reception and gracious hospitality that the Saudi delegation had. He also assured on the deep cooperative relationship between the two countries since 55 years ago until now in a noticeable improvement. He said" we are here today and more than half century of relationship between our countries have passed where the relations have improved remarkably in different fields, in which the economic interests have gathered the experts of the two countries on the tables of the commercial cooperation. Additionally, the special political relationships between the two countries have attributed in the advancement towards cooperation fields that are more distinguished. Since the kingdom of Saudi Arabia and the Republic of Korea have agreed on establishing diplomatic relations at the ambassadorial level on 16th of October 1962 until this day, the two countries are keeping a strong cooperative relationship as partners and they represent a special model for the West-East convergence”. Dr.AL-Tukhifi added that signing the statistical memorandum between the two countries came along with the new Saudi Vision 2030 where it opens wider horizons for cooperation. The statistical partnership is a qualitative partnership to transfer successful experiences and effective cooperation in the fields of statistical data and information which is considered the strongest cornerstone towards future. It is noteworthy to mention that the statistical memorandum between Saudi Arabia and south Korea includes points for cooperative work in developing technical mechanisms necessary for collecting and publishing statistics according to international standards, determining the fundamentals of statistical databases in different statistical fields, exchanging experiences concerning the necessary requirements for establishing an information central system that is linked automatically with all public entities [and their activation mechanisms], developing statistical work in governmental entities in addition to developing government statistical plans, policies, and mechanisms, exchanging statistical awareness programs and organizing joint seminars and workshops which discuss cooperation issues.
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Saudi Arabia and South Korea Signed a Memorandum of Understanding in the Field of Statistics

31-10-2017

Within the joint committee meetings events on the occasion of completing 55 years in the capital city Seoul  Saudi Arabia and South Korea Signed a Memorandum of Understanding in the Field of Statistics    Saudi Arabia and South Korea signed on Friday 7th of Safar 1439 H (27th of October 2017) in Seoul the capital city of South Korea a memorandum of understanding (MOU) to cooperate in the field of statistics. It aims to establish a cooperation between the two countries in the field of statistics by exchanging administrative and technical experiences that are related to the work of official statistical entities. Moreover, the signing ceremony was held within the “Saudi-Korean” joint committee meetings events on the 26 and 27 of this October. These events were held in the capital city of Korea on the occasion of completing 55 years of relationship between The Kingdom and Korea. The memorandum was signed by his excellency the president of GaStat Dr.Fahad Bin Sulaiman AL-Tukhaifi from the Saudi side and by the official commissioner of the Korean statistics Mrs. Hwang Soo Kyeong from the Korean side. A number of the two countries officials have attended the ceremony. In addition, his excellency the president of GaStat Dr.Fahad Bin Sulaiman AL-Tukhaifi expressed in his speech for this occasion his thanks to the Korean side for the warm reception and gracious hospitality that the Saudi delegation had. He also assured on the deep cooperative relationship between the two countries since 55 years ago until now in a noticeable improvement. He said" we are here today and more than half century of relationship between our countries have passed where the relations have improved remarkably in different fields, in which the economic interests have gathered the experts of the two countries on the tables of the commercial cooperation. Additionally, the special political relationships between the two countries have attributed in the advancement towards cooperation fields that are more distinguished. Since the kingdom of Saudi Arabia and the Republic of Korea have agreed on establishing diplomatic relations at the ambassadorial level on 16th of October 1962 until this day, the two countries are keeping a strong cooperative relationship as partners and they represent a special model for the West-East convergence”. Dr.AL-Tukhifi added that signing the statistical memorandum between the two countries came along with the new Saudi Vision 2030 where it opens wider horizons for cooperation. The statistical partnership is a qualitative partnership to transfer successful experiences and effective cooperation in the fields of statistical data and information which is considered the strongest cornerstone towards future. It is noteworthy to mention that the statistical memorandum between Saudi Arabia and south Korea includes points for cooperative work in developing technical mechanisms necessary for collecting and publishing statistics according to international standards, determining the fundamentals of statistical databases in different statistical fields, exchanging experiences concerning the necessary requirements for establishing an information central system that is linked automatically with all public entities [and their activation mechanisms], developing statistical work in governmental entities in addition to developing government statistical plans, policies, and mechanisms, exchanging statistical awareness programs and organizing joint seminars and workshops which discuss cooperation issues.
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GaStat: Real Estate Index Decreased by (6.3%) compared to the previous year and stabilized compared to Second Quarter

26-10-2017

GaStat: Real Estate Index Decreased by (6.3%) compared to the previous year and stabilized compared to Second Quarter On Tuesday Safar 4th, 1439 (October 24th,2017), GaStat issued its quarterly indicator of the real estate price general index in the Kingdom of Saudi Arabia for the third quarter (2017) and published it through its official website www.stats.gov.sa . This indicator is based on available registry data of the Ministry of Justice regarding real estate transactions. This indicator is an essential tool that supports entities which make economic and statistical decisions regarding the real estate price movements and future forecasts during different periods of time. The indicator includes three main sectors consisting of many real estate types: residential sector (piece of land, building, villa, apartment, and house), commercial sector (piece of land, building, shop, gallery and commercial centre), and agricultural sector which only includes agricultural land. The index of real estate prices for the third quarter 2017 recorded a relative stability compared to the previous quarter (second quarter 2017), reaching (84.9) in the third quarter 2017. The report attributed the stability of the real estate price index for the third quarter of 2017 to the varying percentage of change in the main sectors composing the indicator. The commercial sector witnessed a decline by (1.0%), the residential sector witnesses an increase by (0.2%), while the agricultural sector was stable without any relative change. The indicator recorded a decline of (6.3%) compared to the same quarter of the previous year (third quarter 2017). The report attributed this decline to the decline in the main sectors composing the indicator: the residential sector (7.9%), the commercial sector (10.9%) and the agricultural sector (1.0%).
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GaStat: Real Estate Index Decreased by (6.3%) compared to the previous year and stabilized compared to Second Quarter

26-10-2017

GaStat: Real Estate Index Decreased by (6.3%) compared to the previous year and stabilized compared to Second Quarter On Tuesday Safar 4th, 1439 (October 24th,2017), GaStat issued its quarterly indicator of the real estate price general index in the Kingdom of Saudi Arabia for the third quarter (2017) and published it through its official website www.stats.gov.sa . This indicator is based on available registry data of the Ministry of Justice regarding real estate transactions. This indicator is an essential tool that supports entities which make economic and statistical decisions regarding the real estate price movements and future forecasts during different periods of time. The indicator includes three main sectors consisting of many real estate types: residential sector (piece of land, building, villa, apartment, and house), commercial sector (piece of land, building, shop, gallery and commercial centre), and agricultural sector which only includes agricultural land. The index of real estate prices for the third quarter 2017 recorded a relative stability compared to the previous quarter (second quarter 2017), reaching (84.9) in the third quarter 2017. The report attributed the stability of the real estate price index for the third quarter of 2017 to the varying percentage of change in the main sectors composing the indicator. The commercial sector witnessed a decline by (1.0%), the residential sector witnesses an increase by (0.2%), while the agricultural sector was stable without any relative change. The indicator recorded a decline of (6.3%) compared to the same quarter of the previous year (third quarter 2017). The report attributed this decline to the decline in the main sectors composing the indicator: the residential sector (7.9%), the commercial sector (10.9%) and the agricultural sector (1.0%).
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GaStat: The Saudi unemployment rate is 12.8% in the 2nd Quarter (2017)

02-10-2017

Labor Market Bulletin Includes 67 Statistical indicators GaStat: The Saudi unemployment rate is 12.8% in the 2nd Quarter (2017)  The General authority for Statistics (GaStat) published the Labor Market Bulletin for the second quarter of 2017 on Sunday Muharram 11th,1439H (Corresponding to October 1st,2017) which provides comprehensive data and indicators on the labor market in the Kingdom from April 1st to June 30th, 2017 (Corresponding to Rajab 15th to Shawwal 6th, 1438H) to support decision and policy makers regarding labor force. It also contributes in building a database on the labor market in the Kingdom that can be used to prepare and plan future social and economic development programs. The quarterly bulletin includes 67 statistical indicators which contain data and indicators from the Labor Force Survey estimates and labor market data from the administrative records of the relevant entities (Ministry of Labor and Social Development, Ministry of Civil Service, General Organization for Social Insurance(GOSI), Human Resources Development Fund and National Information Center) applying international standards in this area. The results of the bulletin for the second quarter of 2017 indicated that the total number of employees from the data of administrative records in the Kingdom of Saudi Arabia reached (13,841,158) individuals compared to (13,889,137) for the first quarter of 2017.   According to the results of the bulletin also from the data of administrative records in the government agencies for the second quarter of 2017, the total number of Saudis seeking work reached (1,075,933) individuals, (216,352) of them are males and (859,581) are females. The results also showed that the highest percentage of Saudis seeking employment was among the age group (25-29), which is (34.2%). Also according to the results of the administrative records data, nearly half of the Saudi job seekers hold university degrees reaching (50.5%). The results of the bulletin showed that the unemployment rate in Saudi Arabia for the Saudi population (15 years and over) from the Labor Force Survey estimates for the second quarter 2017 reached (12.8%), (7.4%) are males and (33.1%) are females. And the unemployment rate in the Kingdom for the total population (15 years and over) is (6.0%), (3.3%) are males and (22.9%) are females. The results also showed that (11.6%) of the unemployed Saudis had previously worked, and (32.9%) of unemployed Saudis who had previously worked left their jobs due to dismissal from the employer. The survey results also showed that (9.6%) of unemployed Saudis have already been trained. Regarding the economic activity rate of total population (15 years and over) it reached (54.2%), divided between males (78.2%) and females (18.7%). In its bulletin, GaStat also explained that the economic activity rate for total Saudi population (15 years and over) reached (40.3%). The bulletin included a large number of detailed data on workers according to the regulations they are subject to, nationality, sex, age, administrative region and educational level, as well as data for job seekers, average monthly wages, working hours and domestic workers. For more details, you can view the bulletin through Gastat’s official website: www.stats.gov.sa
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GaStat: The Saudi unemployment rate is 12.8% in the 2nd Quarter (2017)

02-10-2017

Labor Market Bulletin Includes 67 Statistical indicators GaStat: The Saudi unemployment rate is 12.8% in the 2nd Quarter (2017)  The General authority for Statistics (GaStat) published the Labor Market Bulletin for the second quarter of 2017 on Sunday Muharram 11th,1439H (Corresponding to October 1st,2017) which provides comprehensive data and indicators on the labor market in the Kingdom from April 1st to June 30th, 2017 (Corresponding to Rajab 15th to Shawwal 6th, 1438H) to support decision and policy makers regarding labor force. It also contributes in building a database on the labor market in the Kingdom that can be used to prepare and plan future social and economic development programs. The quarterly bulletin includes 67 statistical indicators which contain data and indicators from the Labor Force Survey estimates and labor market data from the administrative records of the relevant entities (Ministry of Labor and Social Development, Ministry of Civil Service, General Organization for Social Insurance(GOSI), Human Resources Development Fund and National Information Center) applying international standards in this area. The results of the bulletin for the second quarter of 2017 indicated that the total number of employees from the data of administrative records in the Kingdom of Saudi Arabia reached (13,841,158) individuals compared to (13,889,137) for the first quarter of 2017.   According to the results of the bulletin also from the data of administrative records in the government agencies for the second quarter of 2017, the total number of Saudis seeking work reached (1,075,933) individuals, (216,352) of them are males and (859,581) are females. The results also showed that the highest percentage of Saudis seeking employment was among the age group (25-29), which is (34.2%). Also according to the results of the administrative records data, nearly half of the Saudi job seekers hold university degrees reaching (50.5%). The results of the bulletin showed that the unemployment rate in Saudi Arabia for the Saudi population (15 years and over) from the Labor Force Survey estimates for the second quarter 2017 reached (12.8%), (7.4%) are males and (33.1%) are females. And the unemployment rate in the Kingdom for the total population (15 years and over) is (6.0%), (3.3%) are males and (22.9%) are females. The results also showed that (11.6%) of the unemployed Saudis had previously worked, and (32.9%) of unemployed Saudis who had previously worked left their jobs due to dismissal from the employer. The survey results also showed that (9.6%) of unemployed Saudis have already been trained. Regarding the economic activity rate of total population (15 years and over) it reached (54.2%), divided between males (78.2%) and females (18.7%). In its bulletin, GaStat also explained that the economic activity rate for total Saudi population (15 years and over) reached (40.3%). The bulletin included a large number of detailed data on workers according to the regulations they are subject to, nationality, sex, age, administrative region and educational level, as well as data for job seekers, average monthly wages, working hours and domestic workers. For more details, you can view the bulletin through Gastat’s official website: www.stats.gov.sa
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Dr. Altekhaifi: KSA's distinctive work at statistics leads to council membership and participation in recurring meetings

19-09-2017

UN International Comparison Program board of directors holds second meeting Dr. Altekhaifi: KSA's distinctive work at statistics leads to council membership and participation in recurring meetings Saudi Arabia has participated at the second meeting of the board of directors of the International Comparison Program (ICP), which was held at Washington D.C. early this week.  His Excellency, president of the General Authority for Statistics, Dr. Fahad bin Sulaiman Altekhaifi, confirmed that the program’s work and results will help shape policies for global comparison to support statistical products of the participating countries. It will also enable the General Authority for Statistics to access the best global practices for statistics for the purpose of improving and developing the statistical work. Also, it will raise the quality of the data, which will reflect positively on the decisions for development that rely mainly on statistics. On the other hand, his excellency Dr. Altekhaifi pointed out that the board of directors, which has 11 countries including Saudi Arabia, which represents west Asia, has looked into the progress made when implementing the 2017 cycle in the participating areas. The council also specified a list of research topics including, implementing a rolling survey approach and building Purchasing Power Parity (PPP) time series, integrating ICP and Consumer Price Index (CPI) activities, Streamlining the process of establishing product lists and the use of importance indicators, improving the availability and quality of input data for rents, government services, and construction, streamline the use of productivity adjustments for government services, fine tuning global linking procedures, quality assurance of resulting PPPs and measures of reliability and other topics related to statistical work. Dr. Altekhaifi added that the ICP selecting of Saudi Arabia for the membership at the 2017-2019 cycle came as a result of the positive role of the General Authority for Statistics in different statistical programs organized by the UN. It also confirmed the kingdom’s effective role on the global map of statistics. Moreover, it reflects the results of the strategic transformation of the kingdom’s Statistic sector, which the leadership cares for and supports due to its role in aiding the national development decisions.  The ICP, which is under the supervision of the World Bank, is a partnership program for statistics on a global level. It is based on a statistical system that is connected with economic analysis. It uses statistical methods to derive the necessary data to calculate the PPP for about 200 countries and economies worldwide. It will facilitate the use of PPP as currency converters. That will allow for the comparison of the total economic indicators and the economic situations of countries worldwide. It is noteworthy to mention that the ICP board of directors is compiled of executives, chairpersons, and leading experts in 11 statistical devices participating in the program. They are distributed according to the regional areas: Africa, Asia, Pacific Islands, Latin America, the Caribbean, West Asia, Commonwealth of Independence States, European Union, non-European Union States, members of the organization for Economic Cooperation and Development, representatives of the International Monetary Fund, World Bank, UN Statistics Division, and the Inter-Agency Coordination Group.
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Dr. Altekhaifi: KSA's distinctive work at statistics leads to council membership and participation in recurring meetings

19-09-2017

UN International Comparison Program board of directors holds second meeting Dr. Altekhaifi: KSA's distinctive work at statistics leads to council membership and participation in recurring meetings Saudi Arabia has participated at the second meeting of the board of directors of the International Comparison Program (ICP), which was held at Washington D.C. early this week.  His Excellency, president of the General Authority for Statistics, Dr. Fahad bin Sulaiman Altekhaifi, confirmed that the program’s work and results will help shape policies for global comparison to support statistical products of the participating countries. It will also enable the General Authority for Statistics to access the best global practices for statistics for the purpose of improving and developing the statistical work. Also, it will raise the quality of the data, which will reflect positively on the decisions for development that rely mainly on statistics. On the other hand, his excellency Dr. Altekhaifi pointed out that the board of directors, which has 11 countries including Saudi Arabia, which represents west Asia, has looked into the progress made when implementing the 2017 cycle in the participating areas. The council also specified a list of research topics including, implementing a rolling survey approach and building Purchasing Power Parity (PPP) time series, integrating ICP and Consumer Price Index (CPI) activities, Streamlining the process of establishing product lists and the use of importance indicators, improving the availability and quality of input data for rents, government services, and construction, streamline the use of productivity adjustments for government services, fine tuning global linking procedures, quality assurance of resulting PPPs and measures of reliability and other topics related to statistical work. Dr. Altekhaifi added that the ICP selecting of Saudi Arabia for the membership at the 2017-2019 cycle came as a result of the positive role of the General Authority for Statistics in different statistical programs organized by the UN. It also confirmed the kingdom’s effective role on the global map of statistics. Moreover, it reflects the results of the strategic transformation of the kingdom’s Statistic sector, which the leadership cares for and supports due to its role in aiding the national development decisions.  The ICP, which is under the supervision of the World Bank, is a partnership program for statistics on a global level. It is based on a statistical system that is connected with economic analysis. It uses statistical methods to derive the necessary data to calculate the PPP for about 200 countries and economies worldwide. It will facilitate the use of PPP as currency converters. That will allow for the comparison of the total economic indicators and the economic situations of countries worldwide. It is noteworthy to mention that the ICP board of directors is compiled of executives, chairpersons, and leading experts in 11 statistical devices participating in the program. They are distributed according to the regional areas: Africa, Asia, Pacific Islands, Latin America, the Caribbean, West Asia, Commonwealth of Independence States, European Union, non-European Union States, members of the organization for Economic Cooperation and Development, representatives of the International Monetary Fund, World Bank, UN Statistics Division, and the Inter-Agency Coordination Group.
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GaStat Launches the “Statistical Calendar” for 1438H Hajj Season

12-09-2017

More than 450 Statisticians Started this morning GaStat Launches the “Statistical Calendar” for 1438H Hajj Season Through its official website www.stats.gov.sa, the General Authority for statistics (GaStat) launched the statistical calendar for the 1438H Hajj season. It shows the publishing dates of services provided by the Kingdom to pilgrims, in addition to the statistics of domestic and international pilgrims. GaStat official spokesman, Mr. Taiseer Almofarrej, explained that the statistical calendar with its content, from statistics and numbers, aims to show the efforts made to pilgrims from more than 45 public and private entities. On the second day of the current month of Dhu al-Hijjah, the statistics of services provided to pilgrims from health and medical services, public services, transportation sector services and telecommunication services will be announced respectively. Then, the number of domestic and international pilgrims arriving to Makkah will be published and updated daily until the evening of the 9th day of Dhu Al-Hijjah when the total number of pilgrims will be announced. Mr. Almofarrej added that GaStat will issue the detailed bulletin of Hajj statistics the morning of Eied day (10 Dhul Al-Hijja ), he also added that all information will be available at GaStat official website on schedule.  On the other hand, GaStat official spokesman explained that the enumeration of pilgrims coming to Makkah has started the morning of Wednesday (1st of Dhu Al-Hijjah), by more than 450 statisticians, administrative and technicians from GaStat. They are distributed on all main centers in Makkah, Medina, Jeddah and Alta’if, and they work 24 hours until the sunset of Arafah day, next Thursday (9th of Dhu Al-HIjjah). GaStat called all pilgrims coming to Makkah for Hajj to provide the necessary statistical data required in all Pilgrims enumeration centers this year which are (Makkah/Jeddah Highway) Road , (Makkah/old Jeddah)Road, Altan’eim center(the connection road between Medina and Makkah), AlShrai’e center (the connection road between Makkah city and Alta’if city through AlSail), Alkar center (the connection road between Makkah and Alta’if through Alhada), and the Southern center ( Allaith -Jazan road  near Als’adeiah village) in addition to the Hajj statistics supportive centers in Jeddah at King Abdulaziz international airport, mass transportation stations, and other locations in Jeddah, Medina center (Abiar Ali and ‘Ashirah), and Alta’if center (Alsail Alkabeer).
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GaStat Launches the “Statistical Calendar” for 1438H Hajj Season

12-09-2017

More than 450 Statisticians Started this morning GaStat Launches the “Statistical Calendar” for 1438H Hajj Season Through its official website www.stats.gov.sa, the General Authority for statistics (GaStat) launched the statistical calendar for the 1438H Hajj season. It shows the publishing dates of services provided by the Kingdom to pilgrims, in addition to the statistics of domestic and international pilgrims. GaStat official spokesman, Mr. Taiseer Almofarrej, explained that the statistical calendar with its content, from statistics and numbers, aims to show the efforts made to pilgrims from more than 45 public and private entities. On the second day of the current month of Dhu al-Hijjah, the statistics of services provided to pilgrims from health and medical services, public services, transportation sector services and telecommunication services will be announced respectively. Then, the number of domestic and international pilgrims arriving to Makkah will be published and updated daily until the evening of the 9th day of Dhu Al-Hijjah when the total number of pilgrims will be announced. Mr. Almofarrej added that GaStat will issue the detailed bulletin of Hajj statistics the morning of Eied day (10 Dhul Al-Hijja ), he also added that all information will be available at GaStat official website on schedule.  On the other hand, GaStat official spokesman explained that the enumeration of pilgrims coming to Makkah has started the morning of Wednesday (1st of Dhu Al-Hijjah), by more than 450 statisticians, administrative and technicians from GaStat. They are distributed on all main centers in Makkah, Medina, Jeddah and Alta’if, and they work 24 hours until the sunset of Arafah day, next Thursday (9th of Dhu Al-HIjjah). GaStat called all pilgrims coming to Makkah for Hajj to provide the necessary statistical data required in all Pilgrims enumeration centers this year which are (Makkah/Jeddah Highway) Road , (Makkah/old Jeddah)Road, Altan’eim center(the connection road between Medina and Makkah), AlShrai’e center (the connection road between Makkah city and Alta’if city through AlSail), Alkar center (the connection road between Makkah and Alta’if through Alhada), and the Southern center ( Allaith -Jazan road  near Als’adeiah village) in addition to the Hajj statistics supportive centers in Jeddah at King Abdulaziz international airport, mass transportation stations, and other locations in Jeddah, Medina center (Abiar Ali and ‘Ashirah), and Alta’if center (Alsail Alkabeer).
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GaStat launches more than 45 new statistical products

12-09-2017

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GaStat launches more than 45 new statistical products

12-09-2017

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H.E. the President of GaStat appreciates the approval of the Cabinet and confirms the continuation of the statistical work to support development decisions

12-09-2017

The application of GOSI's staff regulations and pay scale on the staff of GaStat H.E. the President of GaStat appreciates the approval of the Cabinet and confirms the continuation of the statistical work to support development decisions H.E. the President of the General Authority for Statistics, Dr. Fahad Bin Sulaiman Altekhaifi,  appreciated the approval of the Cabinet in its meeting on Monday, 30th of Muharram 1438H on the application of GOSI's staff regulations and pay scale on the staff of GaStat. H.E. expressed his gratitude to His Highness the Custodian of the Two Holy Mosques, King Salman Bin Abdulaziz Al Saud, and His Highness the deputy Crown Prince for the support given to all government entities to achieve its objective in national development. It reflects the care of the prudent leadership for developing the infrastructure of all development resolutions, considering the statistical products and services provided by GaStat as a solid bases to support national development decisions, and support decision makers with information that is considered the compass of development work. H.E. stressed that the application of GOSI's staff regulations and pay scale helps GaStat to adapt to next phase requirements and allows them to attract specialized national talents in the statistical and administrative work in an effort to complete the transformation, which started after the Royal Decree No. (64283), dated 26/12/1436H, approving the transformation from (Central Department of Statistics and Information) into an independent Authority. This transformation helped in enhancing the environment to provide a wider range of statistical information and data and its dissemination to support decision making. Since the Royal Decree issuance,   GaStat worked on the preparation of a transformation road map in statistical work including a number of projects and initiatives that are consistent with the 2020 National transformation Program, and the 2030 Saudi Vision. It is worth mentioning that the modification, on which the cabinet has agreed, was listed as ( the second) item of the cabinet resolution of the General Authority for Statistics organization, number (11) in 13/01/1437 H. The resolution was modified to be as following  " except the authority president, GOSI regulations, pay scales, and modifications are applied on GaStat  staff". The organization included (17) terms covering a group of organizational rules, the most important of which are: stressing on the authority's legal personality, administrative and financial independency, and asserting that it is the only statistics- concerned entity. Moreover, it is the only official reference that supervises and organizes the statistical work. The authority's affairs are managed by a board that  contains (18) entities, (13) of which are government entities including the authority, in addition to the council of Saudi chambers, and two independent statistics specialists. The board is headed by HE minister of economy and planning, and has been given the description of " the dominant authority" which means implementing its resolutions on the level of statistical sector and all its components in Saudi Arabia. The organization has charged the authority with the responsibility of forming a coordination committee that constantly coordinate the statistical work between the authority and the other related entities. The authority will also carry out the responsibility of founding an information central system in the authority  that is automatically linked with  all concerned entities. Furthermore, the organization included many tasks in addition to implementing the statistical works such as: applying the recognized international  standards which include the statistical work methodology, designing and implementing surveys, conducting research and studies, analyzing data and information, documenting data, collecting, recording, classifying, and analyzing statistical data ,which cover all aspects of life in Saudi Arabia, from its different sources either from surveys, censuses, or administrative records in the public and private establishments. Moreover, the tasks include preparing, using, and updating the national statistical guides and classifications according to international standards, preparing and publishing the surveys and researches' statistical reports and bulletins, providing statistical services, conducting surveys, preparing statistical studies and researches to provide the establishments and business sector with statistical data from its databases. In addition to the tasks of exchanging knowledge, providing the entities with recommendations to improve all information systems and statistical work methodology, so that they can have a unified, accurate, and comprehensive statistical system. The tasks also cover raising awareness about the importance of statistics, recording and following any statistics related to Saudi Arabia published by the national and international authorities, and coordinating with the concerned entities.
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H.E. the President of GaStat appreciates the approval of the Cabinet and confirms the continuation of the statistical work to support development decisions

12-09-2017

The application of GOSI's staff regulations and pay scale on the staff of GaStat H.E. the President of GaStat appreciates the approval of the Cabinet and confirms the continuation of the statistical work to support development decisions H.E. the President of the General Authority for Statistics, Dr. Fahad Bin Sulaiman Altekhaifi,  appreciated the approval of the Cabinet in its meeting on Monday, 30th of Muharram 1438H on the application of GOSI's staff regulations and pay scale on the staff of GaStat. H.E. expressed his gratitude to His Highness the Custodian of the Two Holy Mosques, King Salman Bin Abdulaziz Al Saud, and His Highness the deputy Crown Prince for the support given to all government entities to achieve its objective in national development. It reflects the care of the prudent leadership for developing the infrastructure of all development resolutions, considering the statistical products and services provided by GaStat as a solid bases to support national development decisions, and support decision makers with information that is considered the compass of development work. H.E. stressed that the application of GOSI's staff regulations and pay scale helps GaStat to adapt to next phase requirements and allows them to attract specialized national talents in the statistical and administrative work in an effort to complete the transformation, which started after the Royal Decree No. (64283), dated 26/12/1436H, approving the transformation from (Central Department of Statistics and Information) into an independent Authority. This transformation helped in enhancing the environment to provide a wider range of statistical information and data and its dissemination to support decision making. Since the Royal Decree issuance,   GaStat worked on the preparation of a transformation road map in statistical work including a number of projects and initiatives that are consistent with the 2020 National transformation Program, and the 2030 Saudi Vision. It is worth mentioning that the modification, on which the cabinet has agreed, was listed as ( the second) item of the cabinet resolution of the General Authority for Statistics organization, number (11) in 13/01/1437 H. The resolution was modified to be as following  " except the authority president, GOSI regulations, pay scales, and modifications are applied on GaStat  staff". The organization included (17) terms covering a group of organizational rules, the most important of which are: stressing on the authority's legal personality, administrative and financial independency, and asserting that it is the only statistics- concerned entity. Moreover, it is the only official reference that supervises and organizes the statistical work. The authority's affairs are managed by a board that  contains (18) entities, (13) of which are government entities including the authority, in addition to the council of Saudi chambers, and two independent statistics specialists. The board is headed by HE minister of economy and planning, and has been given the description of " the dominant authority" which means implementing its resolutions on the level of statistical sector and all its components in Saudi Arabia. The organization has charged the authority with the responsibility of forming a coordination committee that constantly coordinate the statistical work between the authority and the other related entities. The authority will also carry out the responsibility of founding an information central system in the authority  that is automatically linked with  all concerned entities. Furthermore, the organization included many tasks in addition to implementing the statistical works such as: applying the recognized international  standards which include the statistical work methodology, designing and implementing surveys, conducting research and studies, analyzing data and information, documenting data, collecting, recording, classifying, and analyzing statistical data ,which cover all aspects of life in Saudi Arabia, from its different sources either from surveys, censuses, or administrative records in the public and private establishments. Moreover, the tasks include preparing, using, and updating the national statistical guides and classifications according to international standards, preparing and publishing the surveys and researches' statistical reports and bulletins, providing statistical services, conducting surveys, preparing statistical studies and researches to provide the establishments and business sector with statistical data from its databases. In addition to the tasks of exchanging knowledge, providing the entities with recommendations to improve all information systems and statistical work methodology, so that they can have a unified, accurate, and comprehensive statistical system. The tasks also cover raising awareness about the importance of statistics, recording and following any statistics related to Saudi Arabia published by the national and international authorities, and coordinating with the concerned entities.
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GaStat: Wholesale Price Index Increases in September

12-09-2017

GaStat: Wholesale Price Index Increases in September On Tuesday, the 24th  of Muharram 1438 H/ 25th  of October 2016 AD, the General Authority for Statistics (GaStat) issued the monthly indicator of Saudi wholesale price index for the month of September. It is now published on its website www.stats.gov.sa . The indicator recorded (163.1) with  0.3% increase in September 2016, compared to last month (August) in which it recorded (162.6).The indicator includes ten main sections; Food and living animals section, beverages and tobacco section, raw materials except fuel, mineral fuel and related products section, Fats and oils section, chemical materials and related products, manufactured commodities classified by material section, transportation equipment and machines section, diverse manufactured commodities section, and other commodities section.The report attributed that increase to the rise of three main sections that constitute this indicator; transportation equipment and machines section with (0.9), Food and living animals section with (0.6%), manufactured commodities classified by material section with (0.1%).On the other hand, six sections have decreased: raw materials except fuel section with (1.4%), diverse manufactured commodities section with (0.4%), beverages and tobacco section with (0.3%), Fats and oils section with (0.3%), chemical materials and related products with (0.1%), other commodities with (0.1%), However, the sections of mineral fuel and related products did not change and remained stable.The authority indicated that the Saudi wholesale index measures the average of change in the prices of commodities and services that are sold in the primary markets. What matters here is the price change only. Therefore, the changes that result from the differences in quality, quantity, shipping method, or any other influencing factor in order to get the net price are excluded. This index is provided to everyone, and conducted all over Saudi Arabia.It is worth mentioning that the wholesale price index is used to record any change in the prices of local or imported commodities. In addition to monitoring the price directions and the  status of markets and costs of living. Furthermore, it is used in preparing the national accounts by protecting the income and national aggregates from the influence of price change.
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GaStat: Wholesale Price Index Increases in September

12-09-2017

GaStat: Wholesale Price Index Increases in September On Tuesday, the 24th  of Muharram 1438 H/ 25th  of October 2016 AD, the General Authority for Statistics (GaStat) issued the monthly indicator of Saudi wholesale price index for the month of September. It is now published on its website www.stats.gov.sa . The indicator recorded (163.1) with  0.3% increase in September 2016, compared to last month (August) in which it recorded (162.6).The indicator includes ten main sections; Food and living animals section, beverages and tobacco section, raw materials except fuel, mineral fuel and related products section, Fats and oils section, chemical materials and related products, manufactured commodities classified by material section, transportation equipment and machines section, diverse manufactured commodities section, and other commodities section.The report attributed that increase to the rise of three main sections that constitute this indicator; transportation equipment and machines section with (0.9), Food and living animals section with (0.6%), manufactured commodities classified by material section with (0.1%).On the other hand, six sections have decreased: raw materials except fuel section with (1.4%), diverse manufactured commodities section with (0.4%), beverages and tobacco section with (0.3%), Fats and oils section with (0.3%), chemical materials and related products with (0.1%), other commodities with (0.1%), However, the sections of mineral fuel and related products did not change and remained stable.The authority indicated that the Saudi wholesale index measures the average of change in the prices of commodities and services that are sold in the primary markets. What matters here is the price change only. Therefore, the changes that result from the differences in quality, quantity, shipping method, or any other influencing factor in order to get the net price are excluded. This index is provided to everyone, and conducted all over Saudi Arabia.It is worth mentioning that the wholesale price index is used to record any change in the prices of local or imported commodities. In addition to monitoring the price directions and the  status of markets and costs of living. Furthermore, it is used in preparing the national accounts by protecting the income and national aggregates from the influence of price change.

Showing 529 to 536 of 583 entries.

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Saudi Arabia and South Korea Signed a Memorandum of Understanding in the Field of Statistics

31-10-2017

Within the joint committee meetings events on the occasion of completing 55 years in the capital city Seoul  Saudi Arabia and South Korea Signed a Memorandum of Understanding in the Field of Statistics    Saudi Arabia and South Korea signed on Friday 7th of Safar 1439 H (27th of October 2017) in Seoul the capital city of South Korea a memorandum of understanding (MOU) to cooperate in the field of statistics. It aims to establish a cooperation between the two countries in the field of statistics by exchanging administrative and technical experiences that are related to the work of official statistical entities. Moreover, the signing ceremony was held within the “Saudi-Korean” joint committee meetings events on the 26 and 27 of this October. These events were held in the capital city of Korea on the occasion of completing 55 years of relationship between The Kingdom and Korea. The memorandum was signed by his excellency the president of GaStat Dr.Fahad Bin Sulaiman AL-Tukhaifi from the Saudi side and by the official commissioner of the Korean statistics Mrs. Hwang Soo Kyeong from the Korean side. A number of the two countries officials have attended the ceremony. In addition, his excellency the president of GaStat Dr.Fahad Bin Sulaiman AL-Tukhaifi expressed in his speech for this occasion his thanks to the Korean side for the warm reception and gracious hospitality that the Saudi delegation had. He also assured on the deep cooperative relationship between the two countries since 55 years ago until now in a noticeable improvement. He said" we are here today and more than half century of relationship between our countries have passed where the relations have improved remarkably in different fields, in which the economic interests have gathered the experts of the two countries on the tables of the commercial cooperation. Additionally, the special political relationships between the two countries have attributed in the advancement towards cooperation fields that are more distinguished. Since the kingdom of Saudi Arabia and the Republic of Korea have agreed on establishing diplomatic relations at the ambassadorial level on 16th of October 1962 until this day, the two countries are keeping a strong cooperative relationship as partners and they represent a special model for the West-East convergence”. Dr.AL-Tukhifi added that signing the statistical memorandum between the two countries came along with the new Saudi Vision 2030 where it opens wider horizons for cooperation. The statistical partnership is a qualitative partnership to transfer successful experiences and effective cooperation in the fields of statistical data and information which is considered the strongest cornerstone towards future. It is noteworthy to mention that the statistical memorandum between Saudi Arabia and south Korea includes points for cooperative work in developing technical mechanisms necessary for collecting and publishing statistics according to international standards, determining the fundamentals of statistical databases in different statistical fields, exchanging experiences concerning the necessary requirements for establishing an information central system that is linked automatically with all public entities [and their activation mechanisms], developing statistical work in governmental entities in addition to developing government statistical plans, policies, and mechanisms, exchanging statistical awareness programs and organizing joint seminars and workshops which discuss cooperation issues.
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GaStat: Real Estate Index Decreased by (6.3%) compared to the previous year and stabilized compared to Second Quarter

26-10-2017

GaStat: Real Estate Index Decreased by (6.3%) compared to the previous year and stabilized compared to Second Quarter On Tuesday Safar 4th, 1439 (October 24th,2017), GaStat issued its quarterly indicator of the real estate price general index in the Kingdom of Saudi Arabia for the third quarter (2017) and published it through its official website www.stats.gov.sa . This indicator is based on available registry data of the Ministry of Justice regarding real estate transactions. This indicator is an essential tool that supports entities which make economic and statistical decisions regarding the real estate price movements and future forecasts during different periods of time. The indicator includes three main sectors consisting of many real estate types: residential sector (piece of land, building, villa, apartment, and house), commercial sector (piece of land, building, shop, gallery and commercial centre), and agricultural sector which only includes agricultural land. The index of real estate prices for the third quarter 2017 recorded a relative stability compared to the previous quarter (second quarter 2017), reaching (84.9) in the third quarter 2017. The report attributed the stability of the real estate price index for the third quarter of 2017 to the varying percentage of change in the main sectors composing the indicator. The commercial sector witnessed a decline by (1.0%), the residential sector witnesses an increase by (0.2%), while the agricultural sector was stable without any relative change. The indicator recorded a decline of (6.3%) compared to the same quarter of the previous year (third quarter 2017). The report attributed this decline to the decline in the main sectors composing the indicator: the residential sector (7.9%), the commercial sector (10.9%) and the agricultural sector (1.0%).
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GaStat: The Saudi unemployment rate is 12.8% in the 2nd Quarter (2017)

02-10-2017

Labor Market Bulletin Includes 67 Statistical indicators GaStat: The Saudi unemployment rate is 12.8% in the 2nd Quarter (2017)  The General authority for Statistics (GaStat) published the Labor Market Bulletin for the second quarter of 2017 on Sunday Muharram 11th,1439H (Corresponding to October 1st,2017) which provides comprehensive data and indicators on the labor market in the Kingdom from April 1st to June 30th, 2017 (Corresponding to Rajab 15th to Shawwal 6th, 1438H) to support decision and policy makers regarding labor force. It also contributes in building a database on the labor market in the Kingdom that can be used to prepare and plan future social and economic development programs. The quarterly bulletin includes 67 statistical indicators which contain data and indicators from the Labor Force Survey estimates and labor market data from the administrative records of the relevant entities (Ministry of Labor and Social Development, Ministry of Civil Service, General Organization for Social Insurance(GOSI), Human Resources Development Fund and National Information Center) applying international standards in this area. The results of the bulletin for the second quarter of 2017 indicated that the total number of employees from the data of administrative records in the Kingdom of Saudi Arabia reached (13,841,158) individuals compared to (13,889,137) for the first quarter of 2017.   According to the results of the bulletin also from the data of administrative records in the government agencies for the second quarter of 2017, the total number of Saudis seeking work reached (1,075,933) individuals, (216,352) of them are males and (859,581) are females. The results also showed that the highest percentage of Saudis seeking employment was among the age group (25-29), which is (34.2%). Also according to the results of the administrative records data, nearly half of the Saudi job seekers hold university degrees reaching (50.5%). The results of the bulletin showed that the unemployment rate in Saudi Arabia for the Saudi population (15 years and over) from the Labor Force Survey estimates for the second quarter 2017 reached (12.8%), (7.4%) are males and (33.1%) are females. And the unemployment rate in the Kingdom for the total population (15 years and over) is (6.0%), (3.3%) are males and (22.9%) are females. The results also showed that (11.6%) of the unemployed Saudis had previously worked, and (32.9%) of unemployed Saudis who had previously worked left their jobs due to dismissal from the employer. The survey results also showed that (9.6%) of unemployed Saudis have already been trained. Regarding the economic activity rate of total population (15 years and over) it reached (54.2%), divided between males (78.2%) and females (18.7%). In its bulletin, GaStat also explained that the economic activity rate for total Saudi population (15 years and over) reached (40.3%). The bulletin included a large number of detailed data on workers according to the regulations they are subject to, nationality, sex, age, administrative region and educational level, as well as data for job seekers, average monthly wages, working hours and domestic workers. For more details, you can view the bulletin through Gastat’s official website: www.stats.gov.sa
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Dr. Altekhaifi: KSA's distinctive work at statistics leads to council membership and participation in recurring meetings

19-09-2017

UN International Comparison Program board of directors holds second meeting Dr. Altekhaifi: KSA's distinctive work at statistics leads to council membership and participation in recurring meetings Saudi Arabia has participated at the second meeting of the board of directors of the International Comparison Program (ICP), which was held at Washington D.C. early this week.  His Excellency, president of the General Authority for Statistics, Dr. Fahad bin Sulaiman Altekhaifi, confirmed that the program’s work and results will help shape policies for global comparison to support statistical products of the participating countries. It will also enable the General Authority for Statistics to access the best global practices for statistics for the purpose of improving and developing the statistical work. Also, it will raise the quality of the data, which will reflect positively on the decisions for development that rely mainly on statistics. On the other hand, his excellency Dr. Altekhaifi pointed out that the board of directors, which has 11 countries including Saudi Arabia, which represents west Asia, has looked into the progress made when implementing the 2017 cycle in the participating areas. The council also specified a list of research topics including, implementing a rolling survey approach and building Purchasing Power Parity (PPP) time series, integrating ICP and Consumer Price Index (CPI) activities, Streamlining the process of establishing product lists and the use of importance indicators, improving the availability and quality of input data for rents, government services, and construction, streamline the use of productivity adjustments for government services, fine tuning global linking procedures, quality assurance of resulting PPPs and measures of reliability and other topics related to statistical work. Dr. Altekhaifi added that the ICP selecting of Saudi Arabia for the membership at the 2017-2019 cycle came as a result of the positive role of the General Authority for Statistics in different statistical programs organized by the UN. It also confirmed the kingdom’s effective role on the global map of statistics. Moreover, it reflects the results of the strategic transformation of the kingdom’s Statistic sector, which the leadership cares for and supports due to its role in aiding the national development decisions.  The ICP, which is under the supervision of the World Bank, is a partnership program for statistics on a global level. It is based on a statistical system that is connected with economic analysis. It uses statistical methods to derive the necessary data to calculate the PPP for about 200 countries and economies worldwide. It will facilitate the use of PPP as currency converters. That will allow for the comparison of the total economic indicators and the economic situations of countries worldwide. It is noteworthy to mention that the ICP board of directors is compiled of executives, chairpersons, and leading experts in 11 statistical devices participating in the program. They are distributed according to the regional areas: Africa, Asia, Pacific Islands, Latin America, the Caribbean, West Asia, Commonwealth of Independence States, European Union, non-European Union States, members of the organization for Economic Cooperation and Development, representatives of the International Monetary Fund, World Bank, UN Statistics Division, and the Inter-Agency Coordination Group.
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GaStat Launches the “Statistical Calendar” for 1438H Hajj Season

12-09-2017

More than 450 Statisticians Started this morning GaStat Launches the “Statistical Calendar” for 1438H Hajj Season Through its official website www.stats.gov.sa, the General Authority for statistics (GaStat) launched the statistical calendar for the 1438H Hajj season. It shows the publishing dates of services provided by the Kingdom to pilgrims, in addition to the statistics of domestic and international pilgrims. GaStat official spokesman, Mr. Taiseer Almofarrej, explained that the statistical calendar with its content, from statistics and numbers, aims to show the efforts made to pilgrims from more than 45 public and private entities. On the second day of the current month of Dhu al-Hijjah, the statistics of services provided to pilgrims from health and medical services, public services, transportation sector services and telecommunication services will be announced respectively. Then, the number of domestic and international pilgrims arriving to Makkah will be published and updated daily until the evening of the 9th day of Dhu Al-Hijjah when the total number of pilgrims will be announced. Mr. Almofarrej added that GaStat will issue the detailed bulletin of Hajj statistics the morning of Eied day (10 Dhul Al-Hijja ), he also added that all information will be available at GaStat official website on schedule.  On the other hand, GaStat official spokesman explained that the enumeration of pilgrims coming to Makkah has started the morning of Wednesday (1st of Dhu Al-Hijjah), by more than 450 statisticians, administrative and technicians from GaStat. They are distributed on all main centers in Makkah, Medina, Jeddah and Alta’if, and they work 24 hours until the sunset of Arafah day, next Thursday (9th of Dhu Al-HIjjah). GaStat called all pilgrims coming to Makkah for Hajj to provide the necessary statistical data required in all Pilgrims enumeration centers this year which are (Makkah/Jeddah Highway) Road , (Makkah/old Jeddah)Road, Altan’eim center(the connection road between Medina and Makkah), AlShrai’e center (the connection road between Makkah city and Alta’if city through AlSail), Alkar center (the connection road between Makkah and Alta’if through Alhada), and the Southern center ( Allaith -Jazan road  near Als’adeiah village) in addition to the Hajj statistics supportive centers in Jeddah at King Abdulaziz international airport, mass transportation stations, and other locations in Jeddah, Medina center (Abiar Ali and ‘Ashirah), and Alta’if center (Alsail Alkabeer).
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GaStat launches more than 45 new statistical products

12-09-2017

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H.E. the President of GaStat appreciates the approval of the Cabinet and confirms the continuation of the statistical work to support development decisions

12-09-2017

The application of GOSI's staff regulations and pay scale on the staff of GaStat H.E. the President of GaStat appreciates the approval of the Cabinet and confirms the continuation of the statistical work to support development decisions H.E. the President of the General Authority for Statistics, Dr. Fahad Bin Sulaiman Altekhaifi,  appreciated the approval of the Cabinet in its meeting on Monday, 30th of Muharram 1438H on the application of GOSI's staff regulations and pay scale on the staff of GaStat. H.E. expressed his gratitude to His Highness the Custodian of the Two Holy Mosques, King Salman Bin Abdulaziz Al Saud, and His Highness the deputy Crown Prince for the support given to all government entities to achieve its objective in national development. It reflects the care of the prudent leadership for developing the infrastructure of all development resolutions, considering the statistical products and services provided by GaStat as a solid bases to support national development decisions, and support decision makers with information that is considered the compass of development work. H.E. stressed that the application of GOSI's staff regulations and pay scale helps GaStat to adapt to next phase requirements and allows them to attract specialized national talents in the statistical and administrative work in an effort to complete the transformation, which started after the Royal Decree No. (64283), dated 26/12/1436H, approving the transformation from (Central Department of Statistics and Information) into an independent Authority. This transformation helped in enhancing the environment to provide a wider range of statistical information and data and its dissemination to support decision making. Since the Royal Decree issuance,   GaStat worked on the preparation of a transformation road map in statistical work including a number of projects and initiatives that are consistent with the 2020 National transformation Program, and the 2030 Saudi Vision. It is worth mentioning that the modification, on which the cabinet has agreed, was listed as ( the second) item of the cabinet resolution of the General Authority for Statistics organization, number (11) in 13/01/1437 H. The resolution was modified to be as following  " except the authority president, GOSI regulations, pay scales, and modifications are applied on GaStat  staff". The organization included (17) terms covering a group of organizational rules, the most important of which are: stressing on the authority's legal personality, administrative and financial independency, and asserting that it is the only statistics- concerned entity. Moreover, it is the only official reference that supervises and organizes the statistical work. The authority's affairs are managed by a board that  contains (18) entities, (13) of which are government entities including the authority, in addition to the council of Saudi chambers, and two independent statistics specialists. The board is headed by HE minister of economy and planning, and has been given the description of " the dominant authority" which means implementing its resolutions on the level of statistical sector and all its components in Saudi Arabia. The organization has charged the authority with the responsibility of forming a coordination committee that constantly coordinate the statistical work between the authority and the other related entities. The authority will also carry out the responsibility of founding an information central system in the authority  that is automatically linked with  all concerned entities. Furthermore, the organization included many tasks in addition to implementing the statistical works such as: applying the recognized international  standards which include the statistical work methodology, designing and implementing surveys, conducting research and studies, analyzing data and information, documenting data, collecting, recording, classifying, and analyzing statistical data ,which cover all aspects of life in Saudi Arabia, from its different sources either from surveys, censuses, or administrative records in the public and private establishments. Moreover, the tasks include preparing, using, and updating the national statistical guides and classifications according to international standards, preparing and publishing the surveys and researches' statistical reports and bulletins, providing statistical services, conducting surveys, preparing statistical studies and researches to provide the establishments and business sector with statistical data from its databases. In addition to the tasks of exchanging knowledge, providing the entities with recommendations to improve all information systems and statistical work methodology, so that they can have a unified, accurate, and comprehensive statistical system. The tasks also cover raising awareness about the importance of statistics, recording and following any statistics related to Saudi Arabia published by the national and international authorities, and coordinating with the concerned entities.
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GaStat: Wholesale Price Index Increases in September

12-09-2017

GaStat: Wholesale Price Index Increases in September On Tuesday, the 24th  of Muharram 1438 H/ 25th  of October 2016 AD, the General Authority for Statistics (GaStat) issued the monthly indicator of Saudi wholesale price index for the month of September. It is now published on its website www.stats.gov.sa . The indicator recorded (163.1) with  0.3% increase in September 2016, compared to last month (August) in which it recorded (162.6).The indicator includes ten main sections; Food and living animals section, beverages and tobacco section, raw materials except fuel, mineral fuel and related products section, Fats and oils section, chemical materials and related products, manufactured commodities classified by material section, transportation equipment and machines section, diverse manufactured commodities section, and other commodities section.The report attributed that increase to the rise of three main sections that constitute this indicator; transportation equipment and machines section with (0.9), Food and living animals section with (0.6%), manufactured commodities classified by material section with (0.1%).On the other hand, six sections have decreased: raw materials except fuel section with (1.4%), diverse manufactured commodities section with (0.4%), beverages and tobacco section with (0.3%), Fats and oils section with (0.3%), chemical materials and related products with (0.1%), other commodities with (0.1%), However, the sections of mineral fuel and related products did not change and remained stable.The authority indicated that the Saudi wholesale index measures the average of change in the prices of commodities and services that are sold in the primary markets. What matters here is the price change only. Therefore, the changes that result from the differences in quality, quantity, shipping method, or any other influencing factor in order to get the net price are excluded. This index is provided to everyone, and conducted all over Saudi Arabia.It is worth mentioning that the wholesale price index is used to record any change in the prices of local or imported commodities. In addition to monitoring the price directions and the  status of markets and costs of living. Furthermore, it is used in preparing the national accounts by protecting the income and national aggregates from the influence of price change.

Showing 529 to 536 of 583 entries.