Kuwait’s CPI rises by 3.8% in October fueled by clothing and footwear prices

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Mon, 2023-11-20 14:17

RIYADH: Kuwait’s consumer price index increased by 3.8 percent in October compared to the year-ago period, driven by high prices across multiple sectors, government data showed.

According to the country’s Central Statistical Bureau, CPI rose 0.38 percent to 131.2 points in October from 130.7 points in September, with multiple sectors recording a significant price increase.

Among the notable commodity groups, the clothing and footwear category saw an annual 6.98 percent increase, while the food and beverages group rose by 5.71 percent.

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