Middle East Economic Survey

VOL. LIV

No 47

21-Nov-2011

KUWAIT

Kuwait Inflation To Average 4.7% In 2011, Says NBK

Consumer price inflation (CPI) will average 4.7% for 2011 and stay steady, moving slightly lower to 4.4% in 2012, said National Bank of Kuwait in its latest Economic Brief. Although CPI averaged 5.1% for the first eight months of 2011, as international prices of food and other commodities experience some relative decline, Kuwaits average CPI should fall, said the bank. CPI in...