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FINANCIAL NEWS
Kuwait’s inflation rate increases to 3.5 percent in June
26 Jul 2015
(MENAFN) Kuwait’s inflation, or Consumer Price Index (CPI), increased to 3.5 percent in June, marking the Kingdom’s highest since April 2012, according to Kuwait’s statistics office, Reuters reported.
Prices of food and beverages, which contributes for 8 percent of the total inflation, increased by 3.6 percent in comparison with the number logged in the corresponding period last year.
Furthermore, housing prices, which account for 29 percent of CPI, increased by 6.5 percent year-on-year and 0.8 percent month-on-month.
More News
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
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