Inflation fell to 10.8 per cent in the year ending October 2015 and the government aims to reduce it to single figures, President Rouhani’s senior economic adviser Masoud Nili said on 15 November. ‘There are worries that, parallel with the…
Tag: inflation
Kuwait inflation nears 3 per cent in May
Kuwait’s annualised consumer price inflation rose to almost 3 per cent in May, according to a report published today by National Bank of Kuwait. “Inflation in the consumer price index rose from 2.7 per cent year-on-year in April, to 2.9…
NBK forecasts zero Saudi nominal growth in 2014
The National Bank of Kuwait (NBK) economic update report today foresees zero growth in Saudi Arabia’s nominal GDP in 2014 on lower oil prices and exports. Real GDP, however, is forecast to grow by more than 3 per cent in…