Nov in­fla­tion rises by 3.4%

Kuwait Times - - FRONT PAGE -

The do­mes­tic Con­sumer Prices In­dex (CPI) rose 3.4 per­cent in Novem­ber com­pared to the same month of 2015, the Cen­tral Sta­tis­ti­cal Bureau said in a re­port re­leased yes­ter­day. The fig­ure dropped by 0.14 per­cent in Novem­ber on a monthly ba­sis, com­pared to Oc­to­ber.

The monthly con­sumer in­dex in Novem­ber showed sta­bil­ity in six main groups, caus­ing the price in­dex in one group to climb and drop in five oth­ers. Price in­dex of the main group (food and bev­er­ages) climbed in Novem­ber by 0.19 per­cent, com­pared to the same month in 2015. How­ever, the group saw a drop on a monthly ba­sis es­ti­mated at 0.06 per­cent, while the price in­dex climbed 0.2 per­cent in the sec­ond group (to­bacco) on a monthly ba­sis.

The in­dex of the third group (cloth­ing, footwear) dropped in Novem­ber by 1.09 per­cent year/year and by 0.39 per­cent monthly. In­fla­tion in the fourth group (hous­ing ser­vices) rose by 7.4 per­cent year/year. In the group, home fur­nish­ings, equip­ment main­te­nance rose 2.15 per­cent an­nu­ally. The health sec­tor wit­nessed a rise in the in­fla­tion in­dex in Novem­ber by 1.86 per­cent year/year, while trans­port jumped by 10 per­cent yearly, but dropped monthly by 0.64 per­cent.

Mean­while, com­mu­ni­ca­tion climbed by 0.2 per­cent on a yearly ba­sis. The in­dex of en­ter­tain­ment and cul­ture in­creased on an an­nual ba­sis by 0.16 per­cent, ed­u­ca­tion climbed yearly by 2.7 per­cent, restau­rants and ho­tels 2.92 per­cent, and com­modi­ties and var­i­ous ser­vices 0.92 per­cent. — KUNA

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