Kuwait’s inflation rate reaches 3% in 2015 - KFH

Kuwait-Mubasher: The annual inflation rate stood at 3% during 2015, remaining flat when compared to the Consumer Price Index’s (CPI) figures from 2014, according to a report issued by Kuwait Finance House (KFH).

The report said that growth rate in December has edged 0.9% up as compared to 0.07% in November.

The Kuwaiti exports to Arab countries have jumped 42% in 2015, and reached KWD 5.27 million in November as compared to KWD 3.7 million in October.

According to the latest data published by the commerce and industry ministry, the state provided subsidies valued at KWD 21.6 million in October as compared to KWD 18 million in September.

Mubasher Contribution Time: 03-Feb-2016 09:40 (GMT)