Kuwait’s inflation settles at 2.8% in May

Kuwait-Mubasher: The consumer price index (CPI) of Kuwait reached 140.6 points by the end of May, higher from April when it posted 136.5 points.

The inflation rate settled at 2.8% in May 2016, lower from the 3.3% posted in May 2015, according to a report issued by Kuwait Finance House (KFH).

Meanwhile, Kuwait’s inflation settled in May on a monthly basis after it declined to 0.7% in April as compared to March.

 

Mubasher Contribution Time: 03-Jul-2016 06:40 (GMT)
Mubasher Last Update Time: 03-Jul-2016 06:40 (GMT)