RIYADH: Kuwait’s annual consumer price index registered a 3.37 increase in December 2023, compared to the same period the previous year, driven by high prices in several major sectors.
The country’s monthly CPI also saw a rise of 0.3 percent in December compared to the previous month, according to a recent report by the nation’s Central Statistics Bureau.
The annual increase was led by a hike of 4.74 percent in the food and beverage group prices, along with a 6.72 percent increase in the cost of clothing and footwear.