Consumer price indices (inflation) in Kuwait increased by 3.18 percent last November, on an annual basis.
According to data from the Central Administration of Statistics, the inflation rate in Kuwait increased by 0.24 percent last November, on a monthly basis. Due to the high prices of some major groups affecting the movement of indices. The index of the first group (food and beverages) increased by 6.74 percent. The price index of the second group (cigarettes and tobacco) rose by 0.15 percent on an annual basis. The indices index for the third group (clothes) rose by 5.23 percent. The prices of the (housing services) group increased by about 2.16 percent, and the inflation rate in the fifth group (home furnishings) rose by about 1.7 percent. The price index of the sixth group (health) increased by 2.38 percent, while the prices of the (transportation) group increased by 2.89 percent in November compared to the same month of 2021. As for the eighth group (communications), it increased by 0.67 percent on an annual basis. The inflation rate rose in the ninth group (entertainment and culture) by 3.39 percent, while the prices of the tenth group (education) increased by 0.4 percent. The prices of the (restaurants and hotels) group increased on an annual basis by 2.33 percent, while the prices of the (miscellaneous goods and services) group increased by 2.84 percent.
Source (Al-Raya Kuwaiti Newspaper, Edited)
