The latest data on Kuwait's Consumer Price Index (CPI) shows that in February 2024, the index rose to 3.36%. This marks a slight increase from the previous month, when the CPI stood at 3.28% in January 2024. The comparison period for this data is year-over-year, meaning the current indicator reflects the change from February 2023 to February 2024.
The update on this economic indicator was released on 20th March 2024, highlighting a gradual but steady increase in consumer prices in Kuwait over the past year. The CPI is a key measure of inflation and provides insights into the cost of living and purchasing power within the country. As Kuwait continues to monitor and analyze its economic data, this latest CPI figure serves as an important metric for policymakers and businesses to assess the overall economic landscape and plan for the future.
