Price rise on Food and drinks in Oct – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News
- Date: 24-Nov-2022
- Source: Arab Times Kuwait
- Sector:Agriculture
- Country:Kuwait
Price rise on Food and drinks in Oct – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News
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KUWAIT CITY, Nov 23: The inflation rate or the general index of consumer prices in Kuwait recorded an increase of 0.32 percent during the month of October, driven by the increase in the prices of some major items affecting the movement of indices, to record an annual increase of 3.27 percent, compared to 3.19 percent in September, reports Al-Anba daily.
According to the consumer price index report issued by the Central Statistical Bureau for the month of October, the food and beverage item witnessed an increase of 0.89 percent compared to the previous month and 6.63 percent on an annual basis, as a result of the increase in the prices of the cereals, bread, meat, poultry, fish, seafood, cheese, eggs, oils and fats, fresh, frozen and dried fruits and vegetables, sugar and its products, and other food items.
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