Saudi Arabia's annual consumer price inflation held at 1.9% in September 2026 and was unchanged month-on-month, according to GASTAT, even as tensions along maritime routes could push up shipping costs and disrupt supply chains. Housing, water, electricity, gas and other fuels rose 3.6% year-on-year and contributed the most (0.7 percentage points), followed by transportation at 2.3% and food and beverages at 1.4%. The Wholesale Price Index rose 4.2% year-on-year, led by a 26.1% jump in basic chemical prices, but fell 0.2% from August, mainly due to a 0.9% drop in refined petroleum products and fuels.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Saudi inflation remains stable at 1 . 9 % in September despite global shipping risks
Read the original on zawya.com ↗
Related news
- French repo market remains stable despite hedge fund bond …
France's short-term repo market has stayed largely stable despite a sharp sell-off in government bonds, according to Bloomberg, suggesting the turbulence has not yet become a broader financial crisis. Hedge funds have been cutting exposure to French sovereign debt amid political and fiscal uncertainty ahead of the 2027 presidential election, widening bond spreads and raising volatility. French repo rates have held around 12 basis points above the central bank deposit rate, according to CME Group data, only slightly above their three-month average. Market participants describe the situation as a crisis of confidence rather than a systemic funding breakdown, but the Banque de France has warned that high leverage and concentrated trades could amplify stress. Fitch and S&P rate France A+, while Moody's, which rates it higher, is scheduled to review the country later in October.
- Slovakia Inflation Remains Stable At 3 . 1 %
Slovakia's consumer price inflation held at 3.1% year on year in September, the same as in August, according to the Statistical Office of the Slovak Republic. Core inflation stayed at 1.5%, while food and non-alcoholic beverage prices fell more sharply, with deflation deepening to 3.2% from 2.5%. Higher transport prices (up 9.1% from 6.5%) and housing, water, electricity, gas and other fuel costs (up 7.8% from 7.4%) offset the food decline. Consumer prices rose 0.2% month on month.
- Slovakia Inflation Remains Stable At 3 . 1 %
- Jamie Dimon Says U.S. Economy Remains Strong, But Warns Of Risks ‘Shifting Under The Surface’ — JPM Stock Gains Despite Q3 Earnings Miss
- Energy prices lift China inflation gauges in September | Hellenic Shipping News Worldwide
China's CPI inflation rose 0.9% year-on-year in September, up from 0.8% in August and in line with forecasts (market: 1.0%, ING: 1.0%), and was also 0.9% over the first three quarters. Food prices fell 1.7% and pork 10.0%, though pork inflation has risen for four consecutive months, while rents fell 0.6% for a sixth straight month and auto prices dropped 1.7%. Transportation fuels rose 14.9% and communication devices 14.3%, offsetting these drags. PPI inflation jumped to 5.0% in September from 3.8% in August, beating forecasts (market: 4.4%, ING: 4.3%), led by coal mining (35.3%), oil and gas extraction (24.5%) and non-ferrous metals mining (21.4%). Consumer-goods producer prices still fell 0.1% but are trending higher, and ING says higher producer costs have not yet fully passed through to consumers.
- Rising Rates and Energy-Driven Inflation Impact Global Hedge Funds in September, Data Insights Reports
The Data Insights Crowding Report for September 2026 identifies rising interest rates and energy-driven inflation as key themes for global hedge funds. After a 25-basis-point Federal Reserve hike, global bonds sold off and long-term Treasury yields climbed, while equity gains concentrated in AI-linked mega-cap technology stocks. Fund counts with long positions in several Magnificent Seven stocks rebounded, while short positions rose notably in Meta and Tesla, and Tesla's long-to-short fund ratio fell to 0.54x, its lowest of the year. In the PHLX Semiconductor Sector Index, the share of constituents with net long positioning rose to 76.7% from 73.3%, and Broadcom flipped to long-biased as its net long exposure climbed from 34.1% to 54.1%.
Related markets
Latest news
- JPMorgan Backs Two Defense Startups With $5 Billion
JPMorgan has already committed half of its $10 billion investment pool to hypersonic-missile maker Castelion and defense manufacturer Hadrian. The bet reflects America's push to rebuild its defense industrial base.
- X-Energy, Amazon, AEP Partner To Evaluate Feasibility Of 960 MW Nuclear Project In Indiana – A Look At The Key Highlights
X-energy and American Electric Power (AEP) announced a joint development agreement to evaluate the feasibility of a proposed 960-megawatt small modular reactor project in Indiana, with Amazon supporting development through a milestone-based funding agreement. The plant would feature 12 Xe-100 units near the former Breed Generating Station in Sullivan County, redeveloping an AEP-owned brownfield site. It is the second commercial project under the X-energy and Amazon collaboration, which aims to bring more than 5 gigawatts of new nuclear capacity to the U.S. grid by 2039. At the time of writing, XE was up 2%, AMZN gained 3.75%, and AEP fell 1.13%.
- Waymo Will Be “a Trillion Dollar Business. Easy” per VC Investor
Bessemer Venture Partners' Sameer Dholakia says Waymo could become a trillion-dollar business by expanding from ride-hailing into personal car ownership, trucking and logistics. The article notes Bessemer invested in Waymo's $16 billion February round, which valued the company at $126 billion. Waymo reached 500,000 paid rides a week in March, but Sacra estimates its annualized revenue at only $355 million in February, under 0.1% of Alphabet's $403 billion in 2025 revenue. Alphabet trades at 25.0x forward earnings, within its usual range, while Uber trades at 18.2x, a level analyst Walter Piecyk links to the threat from Waymo and Tesla's Robotaxi.
- Jensen Huang Declares NVIDIA Can Win “in the Absence of Any AI Labs”
NVIDIA CEO Jensen Huang said on the BG2 podcast that about a third of the business, classical computing unrelated to AI labs, is growing 30% to 40% a year, while frontier labs account for roughly 25% to 30% of compute. In the three months to July 26, 2026, revenue rose 106% to $96.2 billion, with AI clouds, industrial and enterprise revenue up 138%. Steve Eisman cited a 10-Q line showing 70% of NVIDIA's accounts receivable comes from five customers, though the article notes receivables are not the same as revenue share. NVIDIA trades at 17.7x forward earnings, near its three-year low of 17.5x and well below its 30.3x average.
- AWS Margin Expansion and Retail Execution Power Amazon (AMZN) in Q3
Wedgewood Partners reported that its Wedgewood Composite returned 2.5% net in the third quarter of 2026, compared with 2.3% for the S&P 500 and 0.9% for the Russell 1000 Growth. In its investor letter, the firm named Amazon a leading contributor, citing AWS revenue growth accelerating to 37% from 17% a year earlier and a 63% rise in the segment's operating income. AWS backlog of around $500 billion is more than double last year's level and up 37% from 90 days earlier, and Wedgewood said this demand supports a plan to double AWS capacity from circa 2025 levels by 2027. Advertising grew 26% and generated over $75 billion in revenue over the past 12 months. As of October 16, 2026, Amazon closed at $250.00, with a market capitalization of $2.7 trillion and a 21.22% gain over the past year.
- Bitcoin is rejected at $83K as US bond yields reverse higher with equities
Bitcoin failed to follow rising equities as a wall of sell orders above $83,000 across exchanges capped gains, and BTC slipped below $82,000 after Monday's Wall Street open. The Nasdaq Composite gained 1.5% and South Korea's KOSPI rose 1.76% to 5,768 points, while the US 10-year yield climbed to 5.13% and the 30-year to 5.46%, moving in step with stocks ahead of major tech earnings from Meta, SpaceX and Tesla. QCP Capital warned that a repeat of last week's tech sell-off could threaten the $80,000 support level. Crypto liquidations totaled $335 million over 24 hours, and the Binance whale ratio fell to 0.45 from 0.54 at the start of October.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.