Increase in prices of imported and local goods

 

The Central Statistical Bureau says the general index of the wholesale price in Kuwait rose by 2.3 percent in 2021 to reach the level of 141.7 in December 2021, from 138.6 in December 2020. The prices of imported goods increased by 3.2 percent, and the prices of local goods increased by 0.6  percent, reports Al-Anba daily.

The report, which focused on the price movement between December 2020 and December 2021, showed an increase in the prices of materials included in the agricultural and fishing group by 1.4 percent, as a result of increase in the prices of crop cultivation and animal production activities by one percent, and increase in the prices of imported goods by 0.8 percent, and in the prices of domestic goods by 3.1 percent.

 

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IFL  - Kuwait 2024