10.3 C
Qādiān
Monday, January 6, 2025

Reshaping Perspectives and Catalyzing Diplomatic Evolution

Kuwait’s annual inflation rate slowed in April from this rate

Core inflation – inflation that excludes food and drink prices – rose 2.92% in April on an annual basis.

On a monthly basis, inflation slowed markedly to 0.16% in April, from 0.7% in March.

The Central Bureau of Statistics said the index for the food and beverage group rose in April by 7.68% year-on-year.

The administration said the clothing index rose 6.32% and the housing services group rose 2.55%.

He said the health group price index rose 2.54 percent, while transportation group prices rose 3.07 percent in April on a year-on-year basis.

The restaurants and hotels group saw a year-over-year increase in April of 3.49%, and the miscellaneous goods and services group prices rose 3.85%.

The annual inflation rate in Kuwait recorded around 4% during the period from January to December 2022, compared to the corresponding period of the previous year.

Read the Latest World News Today on The Eastern Herald.

More

Oil prices increase as Opec plus cuts production by 2.2 million barrels

Oil prices up as OPEC+ agrees 2.2 million-barrel-per-day extension of production cuts, amidst weak demand; gold holds steady ahead of US presidential election and potential Federal Reserve interest rate cuts

BRICS summit a milestone in strengthening global cooperation – Kuwait

Kuwait congratulates Russia on the successful holding of the...

Moody’s: Our Outlook for Kuwaiti Banks Remains Stable

The agency confirmed that its stable expectations for the...
Follow The Eastern Herald on Google News. Show your support if you like our work.

Topics

Author

Arab Desk
Arab Desk
The Eastern Herald’s Arab Desk validates the stories published under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

Editor's Picks

Trending Stories