The annual inflation rate in Kuwait edged down to 0.7 percent in April of 2019 from 0.8 percent in the prior month. Prices slowed mostly for food & non-alcoholic beverages (0.9 percent vs 1 percent in March); furnishing & household equipment (2.2 percent vs 2.4 percent) and cigarettes & tobacco (1.6 percent vs 9 percent), while they fell for housing (-0.6 percent, the same pace as in March); miscellaneous goods & services (-0.4 percent vs -0.5 percent) and restaurants & hotels (-0.2 percent, the same pace as in March). Meantime, inflation remained steady for transport (at 1.9 percent); recreation & culture (at 2 percent) and education (at 1.9 percent). In contrast, cost rose further for clothing & footwear (0.5 percent vs 0.4 percent) and health (2.9 percent vs 2.8 percent). On a monthly basis, consumer prices were flat, after decreasing 0.2 percent in the previous month. Inflation Rate in Kuwait averaged 2.86 percent from 1995 until 2019, 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 1.80 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 2.00 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
2019-02-20 06:30 AM Inflation Rate YoY 0.4% 0.4% 0.7%
2019-03-21 04:00 PM Inflation Rate YoY 0.6% 0.4% 0.5%
2019-04-22 01:15 PM Inflation Rate YoY 0.8% 0.6% 0.8%
2019-05-20 08:25 AM Inflation Rate YoY 0.7% 0.8% 1%
2019-06-20 11:45 AM Inflation Rate YoY 0.7% 1.1%
2019-07-19 09:30 AM Inflation Rate YoY 1.8%
2019-08-27 03:00 AM Inflation Rate YoY


Kuwait Prices Last Previous Highest Lowest Unit
Inflation Rate 0.70 0.80 11.70 -1.15 percent [+]
Producer Prices 136.90 136.80 136.90 80.40 Index Points [+]
Inflation Rate Mom 0.00 -0.20 2.20 -0.80 percent [+]
Consumer Price Index Cpi 113.30 113.30 113.50 65.30 Index Points [+]
CPI Transportation 121.10 121.10 121.10 102.10 Index Points [+]
Food Inflation 0.90 1.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.80 11.70 -1.15 1995 - 2019 percent Monthly
2007=100




Country Last Previous
Argentina 55.80 Apr/19
Australia 1.30 Mar/19
Brazil 4.94 Apr/19
Canada 2.00 Apr/19
China 2.50 Apr/19
Euro Area 1.70 Apr/19
France 1.30 Apr/19
Germany 2.00 Apr/19
India 2.92 Apr/19
Indonesia 2.83 Apr/19
Italy 1.10 Apr/19
Japan 0.90 Apr/19
Mexico 4.41 Apr/19
Netherlands 2.90 Apr/19
Russia 5.20 Apr/19
Saudi Arabia -1.90 Apr/19
Singapore 0.80 Apr/19
South Africa 4.40 Apr/19
South Korea 0.60 Apr/19
Spain 1.50 Apr/19
Switzerland 0.70 Apr/19
Turkey 19.50 Apr/19
United Kingdom 2.10 Apr/19
United States 2.00 Apr/19


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