Money in Kuwait
Inflation was stable at March’s 3.7% in April. 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 Money Chart
Kuwait Money Data
|Money (ann. var. of M2 %)||3.8||4.0||-1.3||2.7||-7.4|