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Kuwait inflation eases to 11.1pc

Kuwait City, October 27, 2008

Annual inflation in Kuwait eased slightly to 11.1 percent in July from 11.35 percent in June, official data showed on Monday.

All Items Consumer Price Index advanced to 131.1 points on July 31 compared with 118 points a year earlier, government data obtained by Reuters showed.

Kuwait is the only Gulf state that does not peg its dinar currency to the dollar. - Reuters




Tags: Gulf | Kuwait inflation |

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