CONSUMER PRICE INDEX INCREASED BY 4.52 % IN MAY 2022

  • 06/07/2022

Kuwait City: The Central Statistical Bureau (CSB) said on Tuesday that Kuwait's Consumer Price Index (CPI) climbed by 4.52 percent on an annual basis in May 2022 compared to the same month in 2021. Due to the high prices of main groupings in the movement of the indices, CSB indicated that the CPI grew monthly to 124.8 by 0.16 percent.


In the statement's yearly price movement for May 2022, it was stated that food and beverages saw an 8.23% increase from May 2021's figures. Cigarettes and tobacco also remained at 135.0 points, it was added. 

While the cost of housing services climbed by 2.26 percent, the cost of clothing and footwear increased by 6.37 percent. The CSB showed that Health climbed by 1.78 percent while Furnishing and Equipment Household Maintenance increased by 2.27 percent. The CSB reported increases in transportation (4.90%), communication (2.29%), leisure and culture (3.88%), and education (18.95%). Restaurants and hotels had an increase of 2.77 percent, while services and other items saw a 3.21 percent increase.

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