Kuwait’s Inflation Up 2.4% in July as Food Costs Rise

Kuwait’s Inflation Up 2.4% in July as Food Costs Rise

Kuwait’s inflation rate rose 2.4% in July compared to the same month last year, mainly because of higher food and drink prices, according to official data released on Thursday.

Prices increase

The Consumer Price Index (CPI), which measures inflation, reached 137.2 in July. This is 0.2% higher than in June, the Central Bureau of Statistics said.

Food and beverage prices rose the most, climbing 5.6% from July 2024. Clothing and footwear prices went up 3.7%, while furniture prices increased 3.2%. Healthcare costs grew 2.9%, but transportation costs dropped 1.8%.

Other increases included restaurant and hotel prices (up 1.9%), housing services (up nearly 1%), and recreation and cultural activities (up 1.8%).

Month-to-month changes

From June to July, food and beverage prices rose 0.6%, especially for cereals, bread, meat, poultry, fish, seafood, milk, cheese, and eggs.

Prices for cigarettes, housing services, sugar, healthcare, education, restaurants, hotels, and communication stayed the same. Clothing and footwear rose slightly by 0.3%, while transport costs fell by 0.07% due to cheaper personal vehicle operation.

Economic outlook

Kuwait’s economy is expected to grow in 2025. Fitch Ratings forecasts a 2.7% growth rate, though global oil price pressures from US tariffs could slow non-oil growth.

The recovery will be supported by higher oil production under OPEC+ agreements and growth in the non-oil sector.

Published: 22nd August 2025

For more article like this please follow our social media Twitter, Linkedin & Instagram

Also Read:

Jordan and Russia Talk About Stronger Economic Ties in Moscow
Sheikha Mahra Al Maktoum: Symbol of Emirati Grace & Excellence
Sheikha Moza: Champion of Education and Social Progress