27 Jul 2010
(MENAFN) Kuwait, the world’s fourth largest oil exporter, posted annual inflation of 2.8 percent in April in line with levels since the start of the year as food and transport costs stayed steady, Reuters reported.
On the month, consumer prices in the Gulf country remained unchanged in April, following a 0.8 percent rise in the previous month, the data showed.
Housing prices, which have the largest weight of 27 percent in the overall basket, stayed flat month on month in April, after rising 1.4 percent in March. Food prices, which account for 18 percent of the basket, fell by 0.1 percent from the previous month, following a 0.8 percent rise in March.
Inflation in OPEC member Kuwait was at 2.9 percent year-on-year in March, after touching a three-and-half year low of 1.6 percent in November.
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
05 Nov 2024
As part of its digital transformation journey, BBK adds Google Wallet to its range of digital wallets
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more