Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait's July inflation rises by 2.71: report  Join our daily free Newsletter

MENAFN - Arab Times - 26/08/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab Times)  KUWAIT CITY Aug 25 (KUNA): Kuwait's annual record of the general index of consumer prices (inflation) rate rose in July by 2.71 percent compared with the same month of last year the Central Statistical Bureau (CSB) announced Monday. In its monthly report the CSB however stated that the inflation rate remained unchanged on month-on-month basis. The CSB data showed that the inflation rate of four major groups increased retreated for two groups and remained flat for six groups compared with that of June. The groups which recorded inflation rate rises month-on-month were: tobacco and narcotics; furnishing equipment and household maintenance; transport; and recreation and culture. The groups whose inflation rates dropped were: clothing and footwear; and communications. The detailed data indicated that the inflation rate of the major group of 'furnishing equipment and household maintenance' hiked by 4.32 percent year-on-year and by 0.15 percent month-on-month. The inflation rate of the major group 'housing services' rose by 4.39 percent year-on-year and remained unchanged month-on-month.   Rose  Furthermore the inflation rate of the major group 'education' rose by 4.19 percent year-on-year and remained flat month-on-month. The inflation rate of the major group 'food and beverages' jumped by 1.96 percent year-on-year and remained changed month-on-month. The inflation rate of the major group 'clothing and footwear' surged by 2. 20 percent year-on-year and slipped by 0.38 percent month-on-month. The inflation rate of the major group 'restaurants and hotels' grew by 2.54 percent year-on-year but remained unchanged month-on-month. The inflation rate of the main group of 'recreational and cultural' rose by 0.47 percent year-on-year and by 0.15 percent month-on-month. The inflation rate of the main group of 'transport' swelled by 1.63 percent year-on-year and by 0.24 percent month-on-month. The inflation rate of the group 'tobacco and narcotics' soared by 12.58 percent year-on-year and by 4.77 percent month-on-month. The inflation rate of the main group 'health' dropped by 1.18 percent year-on-year and remained flat month-on-month. Meanwhile the inflation rate of the main group of 'communications' decreased by 0.99 percent year-on-year and by 0.10 percent month-on-month. The inflation rate of the major group 'miscellaneous goods and services' soared by 0.24 percent year-on-year and remained unchanged month-on-month.   

 


Arab Times




  MENA News Headlines
 Jul 26 2016 - A mouth full of crickets? Lobbyists speak up for edible insectsThe Peninsula
(MENAFN - The Peninsula) By Bradley Saacks At the Oyamel Cocina Mexicana in Washington, metal butterfly mobiles hang from the ceiling and bugs are on the menu. The chapulines tacos are jammed ...

 Jul 26 2016 - Damac's AIPO villas totally sold outMENAFN
(MENAFN) Damac Properties announced that villas in its Akoya Imagine Phase One Dubai, has been sold out, and said that the launch of the second phase is to set to start by the end of July.In detail, ...

 Jul 26 2016 - Sales of European cars in Egypt is led by Opel AstraMENAFN
(MENAFN) A report by Daily News Egypt has stated that, Opel Astra has kept its position leading sales of European cars in Egypt in Q1, registering sales of 1,776 units worth USD 49.5m.Additionally, ...

 Jul 26 2016 - TDIC picks Jawaher Saadiyat for Al Jaber building projectMENAFN
(MENAFN) Abu Dhabi-based Tourism Development & Investment Company (TDIC) has chosen Jawaher Saadiyat, a residential community, to construct Al Jaber Building.TDIC, the master developer of major ...

 Jul 26 2016 - Empower supports green economy strategy in UAEMENAFN
(MENAFN) Emirates Central Cooling Systems firm (Empower), the world's largest district cooling services provider, will back the State of Green Economy Report 2017 for Dubai Carbon as its platinum ...

 Jul 26 2016 - Epico reveals new office in Abu DhabiMENAFN
(MENAFN) Emirates Property Investment Company (Epico), the property and facilities management arm of Al Fahim Group, has launched its new office in Abu Dhabi.In detail, the office is located in the ...

 Jul 26 2016 - Wasl group completes artistic projectMENAFN
(MENAFN) Wasl properties, a subsidiary of wasl Asset Management Group, has finished work of a large art project, which will turn the facades of Karama Shopping Complex in Dubaiinto an open street art ...

 Jul 26 2016 - Saudi Al-Khodari faces net loss in Q2MENAFN
(MENAFN) Saudi construction firm Abdullah Abdul Mohsin Al-Khodari and Sons said it swung to a net loss in the second quarter due to a decrease in earnings.In detail, the company suffered a net loss ...

 Jul 26 2016 - Enhancing radiation safety, IAEA signs two practical arrangements with Russian regulatory authoritiesEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) VIENNA, 26th July, 2016 (WAM) --The IAEA is to cooperate with Russian authorities in the enhancement of the country's national radiation safety standards ...

 Jul 26 2016 - 43 establishments closed by ADDED in Abu Dhabi and Al AinEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI, 26th July, 2016 (WAM) -- Abu Dhabi Department of Economic Development, ADDED, has closed 43 commercial establishments in Abu Dhabi and Al Ain in ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help