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
 Feb 12 2016 - Spain dismantles falcon trafficking ring destined for UAE racesThe Peninsula
(MENAFN - The Peninsula) (file photo / Reuters ) Madrid: Spanish police said Thursday they had dismantled an international ring that smuggled falcons to the United Arab Emirates where ...

 Feb 12 2016 - Russia raises spectre of world war if nations fail to negotiate over SyriaThe Peninsula
(MENAFN - The Peninsula) Russian Prime Minister DmitryMedvedevchairs a meeting with ministers and top officials on social and economic policy in Moscow on February 10 2016. REUTERS ...

 Feb 12 2016 - Germany offers 500 mln euros in credits to IraqThe Peninsula
(MENAFN - The Peninsula) German Chancellor AngelaMerkel(L) and Iraqi Prime Minister Haider al-Abadi shake hands at a joint press conference after meeting at the Chancellery in Berlin on February 11 ...

 Feb 12 2016 - Russia claims US planes bombed Syria's AleppoThe Peninsula
(MENAFN - The Peninsula) Stalls are seen on a street beside damaged buildings in the rebel held al-Shaar neighborhood of Aleppo Syria February 10 2016. REUTERS Moscow:Russia's defence ...

 Feb 12 2016 - Erdogan threatens to send refugees to EU as NATO steps inThe Peninsula
(MENAFN - The Peninsula) Syrian people wait in front of the Oncupinar crossing gate to go back to Syria near the town of Kilis in south-central Turkey on February 11 2016. AFP Ankara:Turkish ...

 Feb 12 2016 - Qatar- LNG deal 'key to Pakistan's prosperity'The Peninsula
(MENAFN - The Peninsula) Pakistan Prime Minister Nawaz Sharif addressing members of the Pakistani community at the Four Seasons hotel yesterday. Pic: Abdul Basit / The Peninsula DOHA: ...

 Feb 12 2016 - Qatar- Emir visits Al Qassar Metro Station projectThe Peninsula
(MENAFN - The Peninsula) Emir H H Sheikh Tamim bin Hamad Al Thani is briefed on the project by Minister of Transport and Communications H E Jassim bin Saif Al Sulaiti. Doha: Emir H H Sheikh Tamim ...

 Feb 12 2016 - Qatar- PM opens Police Training Institute headquartersThe Peninsula
(MENAFN - The Peninsula) Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani interact with officers after opening the headquarters of the Police Training ...

 Feb 12 2016 - Qatar- Festival opens to promote Sidra treeThe Peninsula
(MENAFN - The Peninsula) Visitors at the ‘Rhamnus’ festival at Mazrouah Yard in Umm Salal yesterday. Pic: Baher / The Peninsula Doha: Mazrouah Yard the winter vegetable market in ...

 Feb 12 2016 - Qatar- Temporary diversion on part of Lijmiliya Road in both directions from MondayThe Peninsula
(MENAFN - The Peninsula) Doha: The Public Works Authority (Ashghal) will implement a temporary diversion on part of Lijmiliya Road running about 2km in both directions. The closure start on ...

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