FINANCIAL NEWS

Kuwait inflation rate remains stable at 3.1pct

07 Sep 2016

(MENAFN) Inflation in Kuwait’s consumer prices remained unchanged at 3.1 percent in July this year.Additionally, core inflation, excluding food prices was also unchanged at 3.5 percent.However, inflation in the furnishings & household sector dropped at 2.6 percent in the same month.Meanwhile, inflation in restaurants & hotels remained unchanged from June”s seven-month high of 4.1 percent due to seasonality.

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