Inflation Rate in Kuwait
Inflation rose to 3.7% in March from 3.2% in February. Meanwhile, the Central Bank of Kuwait has kept its discount rate unchanged at 4.00% since late January despite multiple hikes by major central banks in the intervening period. Inflation should recede from its current level later in 2023 due to softening domestic demand.
Kuwait Inflation Rate Chart
This chart displays Inflation Rate (CPI, annual variation in %) for Kuwait from 2013 to 2022.
Kuwait Inflation Rate Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 2.0 | 0.6 | 1.1 | 2.1 | 3.4 |