Kuwait: Inflation increases in December
Latest reading: Inflation ticked up to 2.5% in December from November’s 2.4%. The acceleration was primarily due to rising price pressures for food and housing.
The trend pointed down mildly, with annual average inflation coming in at 2.9% in December (November: 3.0%).
Finally, consumer prices rose 0.45% over the previous month in December, picking up from November’s 0.15% increase. December’s result was the highest reading since June 2023.