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Kuwait inflation rises 3.3% y-o-y

Kuwait inflation rises 3.3% y-o-y
Photo Credit: Arabianeye-Reuters

Kuwait’s consumer price index (CPI) grew by 3.33% in March 2015 compared to the same month of 2014, according to the Central Statistical Bureau (CSB).

Kuwait’s CPI inched up 0.74% compared to the rate of February; based on the increase in prices of seven major groups, the decrease of four groups, and the stability of the telecommunication group.

Prices of food and beverages rose by 1.72% year-on-year.