Kuwait Inflation Rises


(MENAFN- Arab Times) Kuwait's statistics office reported the following July consumer price data on Tuesday, showing inflation at its highest since April 2012.

Kuwait consumer inflation 07/15 06/15 07/14

pct change month/month 0.1 0.4 0.0

pct change year/year 3.6 3.5 2.7

Note: Prices of food and beverages, which account for more than 18 percent of the basket, rose 4.1 percent from a year earlier and 0.5 percent from the previous month. Housing costs, which account for nearly 29 percent of consumer expenses, jumped 6.5 percent year-on-year but were flat month-on-month.


Arab Times

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