FX.co ★ Kuwait's Consumer Price Index Records Modest Decline in April 2024

Kuwait's Consumer Price Index (CPI) experienced a modest decline in April 2024, continuing its trend of incremental changes, according to freshly updated data released on 19 May 2024. The CPI for April 2024 reached 0.30%, marking a slight decrease from the 0.38% recorded in March 2024.

This month-over-month comparison reveals that while March saw a slightly higher, albeit modest, increase from the preceding month of February, April's figures reflect a more tempered evolution in consumer prices. These statistics highlight the ongoing changes in the cost of living and inflation within the Kuwaiti economy, providing essential insights for policymakers and investors alike.

Stay tuned for further economic updates as Kuwait navigates through these subtle yet significant economic fluctuations.