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Kuwait's inflation up in November to 5.9 percent
Published in Saudi Press Agency on 29 - 12 - 2010

Kuwait's inflation rate in November 2010 rose to 5.9 percent compared to the same month last year, while inflation rate compared to last October soared by 0.6 percent, KUNA quoted official data as saying here Wednesday.
The monthly report of Kuwait's Central Statistical Office on the rate of inflation in the country showed today that consumer price index hit 144.2 points last November, while the same index amounted to 136.2 points compared to the same month last year.
It added that the same index amounted to 143.3 point last October, making clear that the most soaring category of commodities last November was foodstuffs that rallied by 12.3 percent compared to November 2009, while clothes and footwear category went up by 6.5 percent.
Further, it said that housing services were up by 5.9 percent compared to November of last year, while educational and health services augmented by 4.5 percent and household commodities and services increased by 4 percent.
It added that the category of other commodities and services were up by 3.8 percent, while the rate of beverages and tobacco category soared by 1.4 percent and transportation and telecommunication increased by 0.3 percent.
On the inflation rate in November 2010 in comparison with last October, it made clear that foodstuffs rose by 1.6 percent, clothes and footwear along with household commodities and services by 1.1 percent and educational and health services by 0.4 percent.
As for the inflation rate for other commodities and services, it went up by 0.2 percent, while transportation and telecommunications retained its previous rate and beverages and tobacco saw a retreat by 0.2 percent.


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