Kuwait November inflation edges up to 3.1pc
KUWAIT, December 27, 2014
The inflation in Opec member Kuwait edged up to 3.1 per cent year-on-year in November, according to official data.
The prices of food and beverages, which account for over 18 per cent of the basket, rose 3.3 per cent year-on-year and 0.4 per cent month-on-month, reported the Kuwait's state news agency Kuna citing figures from the statistics office.
Analysts polled by Reuters in September expected average inflation of 3.3 per cent in 2014 and 3.6 per cent in 2015, up from 2.7 per cent in 2013.-Reuters