Kuwait’s Inflation Rises 2.5% in January, Driven by Higher Food and Clothing Costs
Kuwait’s Consumer Price Index (CPI) increased by 2.5% year-on-year at the end of January, according to data from the Central Statistical Bureau released on Thursday. The Kuwait News Agency (KUNA) reported that inflation also saw a 0.15% monthly rise compared to December 2024.
The annual increase was primarily driven by rising prices in key sectors such as food, clothing, and education, while transportation costs declined.
- Food and beverages saw the highest price surge, increasing by 5.19% compared to January 2024.
- Clothing prices rose by 4.81%, while education costs increased by 0.71%.
- Housing services saw a 0.9% rise, while household furnishings went up by 2.98%.
- Healthcare expenses climbed 3.99%.
- Transport costs were the only category to decline, dropping 1.26% year-on-year.
Other categories that recorded annual increases included:
- Communications (+0.88%)
- Entertainment and culture (+2.64%)
- Restaurants and hotels (+2.03%)
- Miscellaneous goods and services (+5.17%)
Excluding food and beverages, Kuwait’s core inflation rate stood at 1.86% year-on-year.- KUNA
