Cost of food in Kuwait increased 0.28 percent in October of 2018 over the same month in the previous year. Food Inflation in Kuwait averaged 4.38 percent from 2001 until 2018, reaching an all time high of 14.20 percent in June of 2008 and a record low of -1.60 percent in September of 2001.
Food Inflation in Kuwait is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Kuwait to stand at 1.20 in 12 months time. In the long-term, the Kuwait Food Inflation is projected to trend around 3.00 percent in 2020, according to our econometric models.