Kuwait Inflation Rate  1995-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Kuwait increased 1.2 percent year-on-year in August of 2017, below 1.3 percent in July. It is a new low since August of 2004, due to a fall in cost of food and beverages (-0.2 percent compared to 0.3 percent in July); housing services (-2.3 percent, the same as in July) and communication (-1.3 percent compared to -1.1 percent). In addition, inflation slowed for clothing and footwear (1.4 percent compared to 2.1 percent); transport (15.4 percent compared to 15.5 percent) and miscellaneous goods and services (2.1 percent compared to 2.2 percent). On the other hand, prices rose faster for furnishing and maintenance (3.5 percent compared to 3.4 percent) and recreation and culture (4.2 compared to 3.4 percent). On a monthly basis, consumer prices were flat compared to a 0.1 percent drop in July. Inflation Rate in Kuwait averaged 3.02 percent from 1995 until 2017, reaching an all time high of 11.70 percent in August of 2008 and a record low of -1.15 percent in April of 1998.

Kuwait Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-07-26 09:00 AM Inflation Rate YoY 1.4% 2% 2.8%
2017-08-23 11:20 AM Inflation Rate YoY 1.3% 1.4% 2.9%
2017-09-20 03:30 PM Inflation Rate YoY 1.2% 1.3% 1.6%
2017-10-23 01:00 PM Inflation Rate YoY 1.2% 1.6%
2017-11-27 07:00 AM Inflation Rate YoY 3.2%
2017-12-26 07:00 AM Inflation Rate YoY 3.5%


Kuwait Prices Last Previous Highest Lowest Unit
Inflation Rate 1.20 1.30 11.70 -1.15 percent [+]
Producer Prices 134.50 134.30 134.80 80.40 Index Points [+]
Inflation Rate Mom 0.00 -0.10 2.20 -0.80 percent [+]
Food Inflation -0.20 0.30 14.20 -1.60 percent [+]
Consumer Price Index Cpi 112.20 112.20 112.30 65.30 Index Points [+]
CPI Transportation 117.80 118.00 118.40 102.10 Index Points [+]


Kuwait Inflation Rate

In Kuwait, the main components of the Consumer Price Index (CPI) are: housing (33.2 percent); food and beverages (16.7 percent); furnishing and household equipment (11.4 percent); clothing and footwear (8 percent) and transport (7.5 percent). The index also includes miscellaneous goods and services (5.8 percent); education (4.2 percent); communication (4 percent); recreation and culture (3.9 percent); restaurants and hotels (3.4 percent); health (1.5 percent) and tobacco (0.3 percent). . This page provides the latest reported value for - Kuwait Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kuwait Inflation Rate - actual data, historical chart and calendar of releases - was last updated on October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.20 1.30 11.70 -1.15 1995 - 2017 percent Monthly
2007=100




inflation rate by Country

Last
Australia 1.90 Jun/17
Brazil 2.54 Sep/17
Canada 1.60 Sep/17
China 1.60 Sep/17
Euro Area 1.50 Sep/17
France 1.00 Sep/17
Germany 1.80 Sep/17
India 3.28 Sep/17
Indonesia 3.72 Sep/17
Italy 1.10 Sep/17
Japan 0.70 Aug/17
Mexico 6.35 Sep/17
Netherlands 1.50 Sep/17
Russia 3.00 Sep/17
South Korea 2.10 Sep/17
Spain 1.80 Sep/17
Switzerland 0.70 Sep/17
Turkey 11.20 Sep/17
United Kingdom 3.00 Sep/17
United States 2.20 Sep/17