Middle East Economic Survey
VOL. LIV
No 12
21-Mar-2011
KUWAIT
Kuwaiti Inflation Expected To Reach 5-6% In 2011
The head of the Central Bank of Kuwait (CBK) said on 12 March that the country is expected to post inflation figures of 5-6% this year, while interest rates remain at a suitable level. Kuwaits annual inflation was seen to ease to 5.2% in January, from an almost two-year high of 6% posted in December 2010 on account of price pressures led by rising food costs. We expect inflation in...
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