Annual inflation rate in Kuwait edged down to 0.2 percent in October of 2018 from 0.3 percent in the previous month. It was the lowest inflation rate since a flat reading in November of 2003. Cost slowed for food & beverages (0.3 pct from 0.4 pct in September); miscellaneous goods & services (0.7 pct from 1.7 pct); recreation & culture (2.3 pct from 2.9 pct); communication (4.2 pct from 4.5 pct) and health (2.1 pct from 2.2 pct); while prices fell further for clothing & footwear (-1.6 pct from -1.4 pct). Inflation was steady for transport (at 1.1 pct); education (at 1.0 pct); furniture & household equipment (at 2.2 pct); restaurants & hotels (at 0.8 pct) and tobacco & narcotics (at 13.5 pct). Meantime, housing prices fell at a softer pace (-1.4 pct from -1.5 pct). On a monthly basis, consumer prices went up 0.2 percent, after a 0.1 percent fall in September. Inflation Rate in Kuwait averaged 2.91 percent from 1995 until 2018, 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.

Inflation Rate in Kuwait is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Kuwait to stand at 3.60 in 12 months time. In the long-term, the Kuwait Inflation Rate is projected to trend around 3.50 percent in 2020, according to our econometric models.

Kuwait Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-27 03:00 AM Inflation Rate YoY 0.8% 0.5% 0.6%
2018-09-20 07:40 AM Inflation Rate YoY 0.9% 0.8% 0.80%
2018-10-22 03:00 AM Inflation Rate YoY 0.3% 0.9% 1.3%
2018-11-21 05:10 AM Inflation Rate YoY 0.2% 0.3% 0.9%
2018-12-20 05:00 AM Inflation Rate YoY 0.2% 1.1%
2019-01-21 10:20 AM Inflation Rate YoY 1.30%
2019-02-22 08:00 AM Inflation Rate YoY


Kuwait Prices Last Previous Highest Lowest Unit
Inflation Rate 0.20 0.30 11.70 -1.15 percent [+]
Producer Prices 136.40 136.10 136.40 80.40 Index Points [+]
Inflation Rate Mom 0.18 -0.09 2.20 -0.80 percent [+]
Consumer Price Index Cpi 113.30 113.10 113.30 65.30 Index Points [+]
CPI Transportation 119.90 119.90 119.90 102.10 Index Points [+]
Food Inflation 0.28 0.37 14.20 -1.60 percent [+]


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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.30 11.70 -1.15 1995 - 2018 percent Monthly
2007=100




Country Last Previous
Argentina 45.50 Oct/18
Australia 1.90 Sep/18
Brazil 4.05 Nov/18
Canada 2.40 Oct/18
China 2.20 Nov/18
Euro Area 2.00 Nov/18
France 1.90 Nov/18
Germany 2.30 Nov/18
India 3.31 Oct/18
Indonesia 3.23 Nov/18
Italy 1.70 Nov/18
Japan 1.40 Oct/18
Mexico 4.72 Nov/18
Netherlands 2.00 Nov/18
Russia 3.80 Nov/18
Saudi Arabia 2.40 Oct/18
Singapore 0.70 Oct/18
South Africa 5.10 Oct/18
South Korea 2.00 Nov/18
Spain 1.70 Nov/18
Switzerland 0.90 Nov/18
Turkey 21.62 Nov/18
United Kingdom 2.40 Oct/18
United States 2.50 Oct/18


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