Mnemonic | WPI.IKWT | |
---|---|---|
Unit | Index 2007=100, NSA | |
Adjustments | Not Seasonally Adjusted | |
Monthly | 0.21 % | |
Data | Sep 2023 | 146.6 |
Aug 2023 | 146.3 |
Source | Central Bank of Kuwait |
Release | Wholesale Price Index |
Frequency | Quarterly |
Start Date | 1/31/1973 |
End Date | 9/30/2023 |
Reference | Last | Previous | Units | Frequency | |
---|---|---|---|---|---|
Consumer Price Index (CPI) | Jan 2024 | 132.1 | 131.9 | Index 2013=100, NSA | Monthly |
Wholesale Price Index | Sep 2023 | 146.6 | 146.3 | Index 2007=100, NSA | Monthly |
Producer Price Index (PPI) | Mar 2017 | 120.99 | 120.9 | Index 2005=100 | Monthly |
The Statistics and Census Sector, a branch of the Ministry of Planning, compiles and disseminates the wholesale price index.
The wholesale price index in Kuwait covers the entire country of Kuwait. The weights were determined on the basis of imports and domestic production for the reference years. The basket of goods used in calculating the index contains 469 items representing nine groups of commodities, and prices are collected from about 250 different sources distributed throughout the country on a monthly basis. The major commodity groups in their order of importance are:
Category/Relative Weight in the WPI
Manufacturing: 93.9%
Fabricated metal products: 9.2%
Machinery & equipment: 28.3%
Food, beverage, & tobacco: 13.1%
Textiles & leather products: 12.6%
Nonmetallic mineral products: 9.5%
Chemicals & chemical products: 9.3%
Paper & paper products: 1.6%
Wood & wood products: 3.0%
Basic metal products: 6.4%
Other manufacturing products: 0.9%
Agriculture, livestock and fishing: 5.3%
Mining (quarrying and other mining): 0.8%
Total: 100.0%
Data are subject to revisions.