Inflation
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Kd 100 Allowance To Kuwaitis To Face Inflation26 January 2016Government sources said there is a recommendation to raise the “cost of living” allowance for Kuwaiti employees in government departments to face the increase in the pr...Kuwait Domestic Inflation Index Rises 3.4 Percent26 December 2016Domestic Consumer Prices Index (CPI) rose 3.4 percent in November compared to the same month of 2015, the Central Statistical Bureau said in a report released on Sunday. The gen...Uae Will Be Affected By Introduction Of Vat Says Bmi07 March 2017The introduction of the value-added tax (VAT) by the GCC from January 1, 2018, will only have a short-term impact on the spending power of locals and expats, according to a new rep...Kuwait September Inflation Eases On Housing Costs23 October 2017Kuwait's statistics office reported the following September consumer price data on Sunday. KUWAIT CONSUMER INFLATION 09/17 08/17 pct change month/month 0.5 0.0 pct change ye...Audit Bureau Has Called On The Government To Impose New Taxes10 November 2017The Audit Bureau (AB) has called on the government to impose new taxes to increase the non-oil revenues by amending the tax laws to reform the state’s tax system saying an in...Increase In Fuel Price Not Linked To Rate Of Inflation17 May 2018High cost of fuel did not contribute to high inflation rate in Kuwait shortly after announcing the new prices of fuel in September 2016, reports Al-Nahar daily. According to off...Inflation In Kuwait Rose 0.89 Percent In August21 September 2018Basic consumer prices (inflation) rose by 0.89 percent in August compared to the same month last year, the monthly report of the Central Statistical Bureau (CSB) showed. Consume...Govt Discussing New Amendment To Trade Act To Address Interest Inflation10 January 2019At a time, when the popular and parliamentary claims continue to be made regarding the reduction of consumer loans, the government agencies are discussing new amendments to the Tra...Kuwait Gdp Climbs In Q3,says Nbk Inflation Drops27 January 2019 Kuwait’s gross domestic product (GDP) rose 1.8 percent on annual basis in Q3 2018, the National Bank of Kuwait (NBK) said in a report on Saturday, indicating mounti...Inflation In Kuwait Rose By 1.15 Percent21 August 2019Inflation rates on annual basis in Kuwait rose by 1.15 percent in July, compared to the same month in 2018, according to the Central Statistical Office (CSO). Inflation rate on...Inflation In Kuwait Up By 2.95 Percent In December, 202011 February 2021Kuwait’s inflation rate in December, last year, rose by 2.95 percent on a year-on-year basis, the Central Statistics Bureau (CSB) said on Thursday. In its monthly consumer pr...April Inflation Rate Pegged At 3.12%01 June 2021The consumer prices on annual basis grew by 3.12 percent in April, according to the State of Kuwait Central Statistical Bureau. The bureau, in its monthly report issued on Monday,...Inflation In Kuwait Rose 3.17%01 December 2021The consumer prices on an annual basis grew by 3.17 percent in July, according to the State of Kuwait Central Statistical Bureau. In a statement to KUNA on Wednesday, the bureau in...Local Inflation Jumps 8.2% Over The Last Five Years; Wages Don't Keep Pace21 April 2022With inflation in Kuwait on the rise since 2017, and particularly in the last two years, the subject of whether compensation increases have kept pace with inflation is one worth co...When Inflation Makes Your Money Less Valuable, Here's How To Save More07 May 2022Consumers can adjust their spending and saving strategies during inflation to help minimize the impact of inflation on the value of their money. In terms of spending power, infl...