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| 20 September, 2018

Kuwait August inflation almost flat; housing costs fall

Prices of food and beverages, which account for nearly 17% of the basket, rose 1.4% in August

Image used for illustrative purpose.
People walk during the opening of a new annex to Avenues Mall, the largest shopping mall in Kuwait November 5

Image used for illustrative purpose. People walk during the opening of a new annex to Avenues Mall, the largest shopping mall in Kuwait November 5

REUTERS/Stephanie McGehee

Kuwait's statistics office reported the following August consumer price data.

KUWAIT CONSUMER INFLATION

8/18

7/18

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8/17

pct change month/month

0.1

0.2

0

pct change year/year

0.9

0.8

1.2

NOTE: Prices of food and beverages, which account for nearly 17 percent of the basket, rose 1.4 percent in August from a year earlier. Housing costs, which account for more than 33 percent, fell 0.9 percent. Transport costs increased 1.8 percent.

(Reporting by Andrew Torchia; editing by Jason Neely) ((andrew.torchia@thomsonreuters.com; +9715 6681 7277; Reuters Messaging: andrew.torchia.thomsonreuters.com@reuters.net))