• HSBC

Kuwait's inflation rate to dip below 5%, says CBK

  • Kuwait: Monday, September 28 - 2009 at 10:10

The Central Bank of Kuwait has predicted that the inflation rate for the last months of 2009 will maintain its decline to fall below 5%, KUNA has reported. CBK Governor Sheikh Salem Abdulaziz Al-Sabah said the inflation rate had dropped to 5.9% in February of 2009, while it was at 11.6% in August of 2008.

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