Kuwait - Consumer Price Index (CPI)




Kuwait: Consumer Price Index (CPI)

Mnemonic CPI.IKWT
Unit Index 2013=100, NSA
Adjustments Not Seasonally Adjusted
Monthly 0.23 %
Data Feb 2024 132.4
Jan 2024 132.1

Series Information

Source Central Statistical Bureau
Release Consumer Price Index
Frequency Monthly
Start Date 1/31/1973
End Date 2/29/2024

Kuwait: Price

Reference Last Previous Units Frequency
Consumer Price Index (CPI) Feb 2024 132.4 132.1 Index 2013=100, NSA Monthly
Wholesale Price Index Dec 2023 148.3 147.7 Index 2007=100, NSA Monthly
Producer Price Index (PPI) Mar 2017 120.99 120.9 Index 2005=100 Monthly

Release Information

Description

Consumer price index for Kuwait, detailed by COICOP. Monthly, all-items from 1973 and components from 2000.

Methodology

The Consumer Price Index covers the entire country of Kuwait. The weights used to compile the Consumer Price Index are based on data from the Household Expenditure Survey. The basket contains about items representing eight major categories of household expenditure, according to COICOP. The weights for the major commodity groups in their order of importance are:

  • Food: 18.3%
  • Housing: 26.7%
  • Transport and communication: 16.1%
  • Household goods and services: 14.7%
  • Clothing and footwear: 8.9%
  • Other goods and services: 9.9%
  • Education and medical care: 4.7%
  • Beverage and tobacco: 0.7%

Data for most items are collected monthly, except for services, which are collected every three months, and rents, which are collected annually.

Revisions

Yes.

The dataset underwent rebasing and reweighting in 2014 and 2017.

Further reading

At the Kuwait Central Statistical Bureau:

At the IMF: