Kuwait Inflation Rate Lowest Since 2020

The annual inflation rate came at 1.92% in February 2026, slightly down from 1.99% in January, marking its lowest level since July 2020. Prices increased at a slower pace for food and beverages (5.10% vs 5.33% in January), clothing and footwear (0.90% vs 1.39%), home furnishings and maintenance equipment (1.26% vs 1.62%), and health (1.28% vs 1.36%). Transport costs slipped into deflation (-0.07% vs 0.00%), while inflation remained steady for housing services (0.49%), cigarettes and tobacco (0.07%), education (1.10%), and restaurants and hotels (0.96%). Meanwhile, price growth picked up for communication (0.48% vs 0.32%), recreation and culture (1.13% vs 1.06%), and miscellaneous goods and services (6.93% vs 6.90%). On a monthly basis, consumer prices rose 0.14%, accelerating from a 0.07% increase in January.

The annual inflation rate in Kuwait rose to 2.39% in July 2025 from 2.32% in June, marking the highest reading since March. Prices increased faster for food and beverages (5.63% vs 5.11% in June) and miscellaneous goods and services (4.86% vs 4.80%). At the same time, transportation costs dropped at a softer pace (-1.75% vs -1.81%), while inflation was steady for housing (0.98%), cigarettes and tobacco (0.07%), and restaurants and hotels (1.94%). On the other hand, inflation moderated for clothing and footwear (3.70% vs 3.93%), home furnishings and maintenance equipment (3.22% vs 3.30%), health (2.85% vs 2.94%), communication (0.48% vs 0.64%), and recreation and culture (1.76% vs 1.92%). On a monthly basis, consumer prices increased 0.22% in July, easing slightly from 0.29% in the previous month.

The annual inflation rate in Kuwait accelerated to 2.32% in June, up from 2.25% in May, which had marked the lowest level since September 2020. June’s reading was the highest since March, mainly driven by faster increases in the prices of food and beverages (5.11% vs 4.72% in May), marking the largest rise in four months. Prices also rose more rapidly for housing services (0.98% vs 0.74%) and restaurants and hotels (1.94% vs 1.50%). Inflation remained steady for both communication (at 0.64%) and recreation and culture (at 1.92%). Meanwhile, inflation eased in several categories: health (2.94% vs 3.79%), education (0.71% vs 0.87%), clothing and footwear (3.93% vs 4.09%), home furnishings and maintenance equipment (3.30% vs 3.38%), and miscellaneous goods and services (4.80% vs 4.90%). In contrast, transport costs declined at a faster pace (-1.81% vs -1.05%). On a monthly basis, consumer prices rose 0.29% in June, accelerating from a 0.15% gain in the previous two months.