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Kuwait: Consumer Price Index - November 2016

IM Research
By IM Research
7 years ago
Kuwait: Consumer Price Index - November 2016


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  1. ‫ﺍﻟﺘﻘﺮﻳﺮ ﺍﻟﺸﻬﺮﻱ ﻟﻸﺭﻗﺎﻡ ﺍﻟﻘﻴﺎﺳﻴﺔ ﻷﺳﻌﺎﺭ ﺍﳌﺴﺘﻬﻠﻜﲔ‬ MONTHLY CONSUMER PRICE INDEX ‫ﺍﻹﺩﺍﺭﺓ ﺍﳌﺮﻛﺰﻳﺔ‬ ‫ﻟﻺﺣﺼﺎء‬ Monthly report of the indices of consumer prices and the relative changes in the general index and sub-groups – November 2016 – 8
  2. ‫ﺍﻟﺘﻘﺮﻳﺮ ﺍﻟﺸﻬﺮﻱ ﻟﻸﺭﻗﺎﻡ ﺍﻟﻘﻴﺎﺳﻴﺔ ﻷﺳﻌﺎﺭ ﺍﳌﺴﺘﻬﻠﻜﲔ‬ MONTHLY CONSUMER PRICE INDEX ‫ﺍﻹﺩﺍﺭﺓ ﺍﳌﺮﻛﺰﻳﺔ‬ ‫ﻟﻺﺣﺼﺎء‬ The Central Statistical Bureau has issued the Consumer Prices Index (CPI) monthly report for the month of November 2016. This report gives indications of the rates of changes in prices for the commodity groups influencing the families’ expenditure and the ability of consumer spending. This index uses the year 2007 as the base year. The index figure for the month of November 2016 recorded a decreasing at 143.0, by 0.14% as a result of the low in prices of some major groups of influential figures in the movement and rise in others. The CPI for the month of November 2016 recorded an increase estimated at 3.40% compared to November 2015. Monthly change (%): • Food and beverages: -0.06% • Tobacco & narcotics: 0.00% • clothing and footwear: -0.39% • housing services: 0.00 % • Furnishing equipment and household maintenance: 0.14% • Health: -0.08% • Transport: -0.36% • Communication: 0.00% • Recreation &culture: 0.00% • Education: 0.00% • restaurants and hotels: 0.00% • miscellaneous goods and services: -0.68% Annual Change in Groups (%): • Food and beverages: 0.19% • Tobacco & narcotics: 0.20% • clothing and footwear: -1.09% • housing services: 7.40% • Furnishing equipment and household maintenance 2.15% • Health: 1.86% • Transport: 10.00% • communication: 0.20% • Recreation & culture: 0.16% • Education: 2.70% • Restaurants & Hotels: 2.92% • Miscellaneous Goods & Services: 0.92% 9
  3. ‫ﺍﻟﺘﻘﺮﻳﺮ ﺍﻟﺸﻬﺮﻱ ﻟﻸﺭﻗﺎﻡ ﺍﻟﻘﻴﺎﺳﻴﺔ ﻷﺳﻌﺎﺭ ﺍﳌﺴﺘﻬﻠﻜﲔ‬ ‫ﺍﻹﺩﺍﺭﺓ ﺍﳌﺮﻛﺰﻳﺔ‬ MONTHLY CONSUMER PRICE INDEX ‫ﻟﻺﺣﺼﺎء‬ The following is an analysis of the price indices for the main group’s index of consumer prices:First: The Main Group of "Food and Beverages”: The Index for this group decreased in the month of November 2016 by 0.06% and the following indicators affecting the food group in the month of November 2016 as a result of: 1. Fall in prices of milk, cheese & eggs by 0.07%. 2. Fall in prices of fresh, chilled & frozen fruits by 0.07%. 3. Fall in prices of fresh, chilled & frozen vegetables by 0.41%. 4. Rise in prices of meat & poultry by 0.07%. 5. Rise in prices of sugar & sugar products by 0.07%. 6. Rise in prices of other foods by 0.14%. 7. The price of cereals and bread stood at 120.5. 8. The price of fish & seafood stood at 223.2. 9. The price of oil & fats stood at 138.6. 10. The price of beverage stood at 142.5. So the annual inflation rate for this group increased in November 2016 by 0.19% compared with November 2015. Second: The Main Group of “Tobacco & Narcotics”: The index stood in November 2016 at 152.6,same as in the last month without any change. So the annual inflation rate for this group increased in November 2016 by 0.20% compared with November 2015. Third: The Main Group of “Clothing and Footwear”: The Index for this group decreased by 0.39% in the month of November 2016, as a result of: 1. Fall in prices of clothing by 0.39 %. 2. Fall in prices of footwear by 0.24%. So the annual inflation rate decreased for this group in the month of November 2016 by 1.09% compared with November 2015. 10
  4. ‫ﺍﻟﺘﻘﺮﻳﺮ ﺍﻟﺸﻬﺮﻱ ﻟﻸﺭﻗﺎﻡ ﺍﻟﻘﻴﺎﺳﻴﺔ ﻷﺳﻌﺎﺭ ﺍﳌﺴﺘﻬﻠﻜﲔ‬ ‫ﺍﻹﺩﺍﺭﺓ ﺍﳌﺮﻛﺰﻳﺔ‬ MONTHLY CONSUMER PRICE INDEX ‫ﻟﻺﺣﺼﺎء‬ Fourth: The Main Group of “Home Furnishings and Equipment Maintenance”: The Index for this group increased in the month of November 2016 by 0.14%, the following indicators affecting “Home Furnishings and Equipment Maintenance” group: 1. Rise in prices of furniture , furnishings & carpets by 0.23% 2. Rise in prices of household appliance by 0.72%. So the annual inflation increased in November 2016 by 2.15% compared with November 2015. Fifth: The Main Group “Health”: The Index for this group decreased in the month of November 2016 by 0.08%, the following indicators affecting “Health” group: 1. Fall in prices of medical products and appliance equipment by 0.29%. So the annual inflation rate for this group increased in November 2016 by 1.86% compared with November 2015. Sixth: The Main Group of “Transport”: The Index for this group decreased in the month of November 2016 by 0.36%, the following indicators affecting “Transport” group: 1. Fall in the prices of purchase of vehicles by 1.55%. So the annual inflation rate for this group increased in November 2016 by 10.00% compared with November 2015. Seventh: The Main Group of “Communication”: The index stood in November 2016 at 101.5, same as in the last month without any change. So the annual inflation rate for this group increased in November 2016 by 0.20% compared with November 2015. 11
  5. ‫ﺍﻟﺘﻘﺮﻳﺮ ﺍﻟﺸﻬﺮﻱ ﻟﻸﺭﻗﺎﻡ ﺍﻟﻘﻴﺎﺳﻴﺔ ﻷﺳﻌﺎﺭ ﺍﳌﺴﺘﻬﻠﻜﲔ‬ MONTHLY CONSUMER PRICE INDEX ‫ﺍﻹﺩﺍﺭﺓ ﺍﳌﺮﻛﺰﻳﺔ‬ ‫ﻟﻺﺣﺼﺎء‬ Eighth: The Main Group of “Recreational and Cultural”: The index stood in November 2016 at 128.8, same as in the last month without any change. So the annual inflation rate for this group increased in November 2016 by 0.16% compared with November 2015. Ninth: The Main Group of “Education”: The index stood in November 2016 at 140.9, same as in the last month without any change. So the annual inflation rate for this group increased in November 2016 by 2.70% compared with November 2015. Tenth: The main Group of “Restaurants and Hotels”: The index stood in November 2016 at 144.6, same as in the last month without any change. So the annual inflation rate for this group increased in November 2016 by 2.92% compared with November 2015. Eleven: The Main group of “Miscellaneous Goods and Services”: The index for this group decreased in the month of November 2016 by 0.68% as a result of: 1. Fall in prices of personal effect by 0.38%. 2. Fall in prices of personal care by 1.67%. So the annual inflation for this group increased by 0.92% in November 2016 compared with November 2015. Below two tables are showing: (1) Graph of monthly comparisons of the main sections between November 2016 and October 2016. (2) Graph of the central parts of the comparisons between annual indices of November 2016, November 2015. 12
  6. ‫ﺍﻟﺘﻘﺮﻳﺮ ﺍﻟﺸﻬﺮﻱ ﻟﻸﺭﻗﺎﻡ ﺍﻟﻘﻴﺎﺳﻴﺔ ﻷﺳﻌﺎﺭ ﺍﳌﺴﺘﻬﻠﻜﲔ‬ MONTHLY CONSUMER PRICE INDEX ‫ﺍﻹﺩﺍﺭﺓ ﺍﳌﺮﻛﺰﻳﺔ‬ ‫ﻟﻺﺣﺼﺎء‬ Table (1) Illustrative Table indices of consumer prices By main sections of expenditure compared to November 2016 with October 2016 Main Section of Expenditure November 2016 October 2016 Inflation Rate % ALL ITEMS CPI NUMBER 143.0 143.2 -0.14 Food and Beverages 154.4 154.5 -0.06 Tobacco & narcotics 152.6 152.6 0.00 Clothing & Footwear 127.0 127.5 -0.39 Housing Services 152.3 152.3 0.00 147.4 147.2 0.14 131.2 131.3 -0.08 Transport 137.5 138.0 -0.36 Communication 101.5 101.5 0.00 Recreation &culture 128.8 128.8 0.00 Education 140.9 140.9 0.00 Restaurant & hotels 144.6 144.6 0.00 Miscellaneous goods & services 131.1 132.0 -0.68 Furnishing Equipment Household maintenance Health The base year 2007 = 100 Table (2) Illustrative Table indices of consumer prices 13
  7. ‫ﺍﻟﺘﻘﺮﻳﺮ ﺍﻟﺸﻬﺮﻱ ﻟﻸﺭﻗﺎﻡ ﺍﻟﻘﻴﺎﺳﻴﺔ ﻷﺳﻌﺎﺭ ﺍﳌﺴﺘﻬﻠﻜﲔ‬ ‫ﺍﻹﺩﺍﺭﺓ ﺍﳌﺮﻛﺰﻳﺔ‬ MONTHLY CONSUMER PRICE INDEX ‫ﻟﻺﺣﺼﺎء‬ By main sections of expenditure compared to November 2016 with November 2015 Main Section of Expenditure November 2016 November 2015 Inflation Rate % ALL ITEMS CPI NUMBER 143.0 138.3 3.40 Food and Beverages 154.4 154.1 0.19 Tobacco & narcotics 152.6 152.3 0.20 Clothing & Footwear 127.0 128.4 -1.09 Housing Services 152.3 141.8 7.40 Furnishing Equipment Household maintenance 147.4 144.3 2.15 Health 131.2 128.8 1.86 Transport 137.5 125.0 10.00 Communication 101.5 101.3 0.20 Recreation &culture 128.8 128.6 0.16 Education 140.9 137.2 2.70 Restaurant & hotels 144.6 140.5 2.92 Miscellaneous goods & services 131.1 129.9 0.92 The base year 2007 = 100 14