Inflation in Kuwait up 1.15 percent in July

KUWAIT: Inflationrates on annual basis in Kuwait rose by 1.15 percent in July, compared to thesame month in 2018, according to the Central Statistical Office (CSO).Inflation rate on a monthly basis rose 0.26 percent in June compared to June in2018, CSO said in a report released yesterday. Food prices increased 1.01percent in July, while tobacco and cigarettes climbed one percent.

Moreover,clothing went up 1.71 percent and domestic services dropped 0.78 percent.Meanwhile, home furniture and maintenance rose 1.88 percent, health group wentup 2.16 percent and transportation moved up 4.68 percent. CSO also noted thattelecommunication rose 4.79 percent, culture and entertainment went up 3.89percent and education grew 2.43 percent. Restaurants and hotels group saw arise of 1.32 percent, while other commodities and services also went up by 0.56percent. - KUNA