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Kuwait inflation eases to 11.1%

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Monday, 27 October 2008
INFLATION FIGHT: Inflation in Kuwait dropped slightly to 11.1 percent in July. (Getty Images)
INFLATION FIGHT: Inflation in Kuwait dropped slightly to 11.1 percent in July. (Getty Images)

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 newswire Reuters showed.

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

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