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Zawya
9 hours ago
- Business
- Zawya
Kuwait's cost of living up 2.25% compared to last year
KUWAIT CITY - The Central Statistical Administration (CSA) announced on Thursday that Kuwait's consumer price index (CPI) increased by 2.25 percent compared to May of last year. The inflation rate showed a monthly rise of 0.15 percent in May compared to April, according to the CSA. The data revealed that in April, the CPI had risen by 4.72 percent year-on-year. Breaking down the figures by category, the CPI for the cigarettes and tobacco group remained stable, while the clothing group saw a rise of 4.09 percent. Housing services prices increased by 0.74 percent, and home furnishings rose by 3.38 percent. The health sector recorded a 3.79 percent increase in prices. Conversely, transportation costs decreased by 1.05 percent compared to May 2024. The communications category experienced a modest price rise of 0.64 percent annually, while entertainment and culture prices increased by 1.92 percent. Education costs also rose by 0.87 percent. In April, prices for restaurants and hotels increased by 1.50 percent year-on-year, and miscellaneous goods and services rose by 4.9 percent. Excluding the food and beverages group, the overall inflation rate in Kuwait rose by 1.69 percent annually in May and by 0.08 percent compared to the previous month. Arab Times | © Copyright 2024, All Rights Reserved Provided by SyndiGate Media Inc. (
Arab Times
a day ago
- Business
- Arab Times
Kuwait's cost of living up 2.25% compared to last year
KUWAIT CITY, June 19: The Central Statistical Administration (CSA) announced on Thursday that Kuwait's consumer price index (CPI) increased by 2.25 percent compared to May of last year. The inflation rate showed a monthly rise of 0.15 percent in May compared to April, according to the CSA. The data revealed that in April, the CPI had risen by 4.72 percent year-on-year. Breaking down the figures by category, the CPI for the cigarettes and tobacco group remained stable, while the clothing group saw a rise of 4.09 percent. Housing services prices increased by 0.74 percent, and home furnishings rose by 3.38 percent. The health sector recorded a 3.79 percent increase in prices. Conversely, transportation costs decreased by 1.05 percent compared to May 2024. The communications category experienced a modest price rise of 0.64 percent annually, while entertainment and culture prices increased by 1.92 percent. Education costs also rose by 0.87 percent. In April, prices for restaurants and hotels increased by 1.50 percent year-on-year, and miscellaneous goods and services rose by 4.9 percent. Excluding the food and beverages group, the overall inflation rate in Kuwait rose by 1.69 percent annually in May and by 0.08 percent compared to the previous month.
Arab Times
21-05-2025
- Business
- Arab Times
Kuwait's inflation increased by 2.25% over the past year
KUWAIT CITY, May 21: The Central Statistical Administration (CSA) reported Tuesday that Kuwait's consumer price index (CPI) rose by 2.25 percent year-on-year in April, reflecting an increase in the prices of several key sectors. The CSA told KUNA that the monthly inflation rate increased slightly by 0.15 percent in April compared to March. The annual CPI increase was driven by price rises in food, health, clothing, and education, while transportation costs declined. According to the data, the CPI for the "Food and Beverages" group rose by 4.61 percent in April compared to the same month last year. The "Cigarettes and Tobacco" group remained stable. Prices in the "Clothing" category rose by 4.10 percent, while the "Housing Services" group recorded a 0.74 percent increase. The "Home Furnishings" group saw a 3.46 percent rise. The "Health" sector experienced a 3.79 percent increase in prices, while the "Transportation" group recorded a 1.05 percent decrease compared to April 2024. The CPI for the "Communications" category rose by 0.64 percent annually. Prices in the "Entertainment and Culture" group increased by 1.92 percent, and the "Education" sector saw a 0.87 percent rise. The "Restaurants and Hotels" group registered an annual increase of 1.50 percent, while the "Miscellaneous Goods and Services" category rose by 4.9 percent. Excluding the "Food and Beverages" group, the CSA noted that Kuwait's inflation rate increased by 1.69 percent on an annual basis in April and by 0.08 percent on a monthly basis.
