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Email this article: Kuwait inflation slows to 25-month low of 2.8%
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Posted: Thu June 28, 2012 11:42 am
KUWAIT. Kuwait's annual inflation rate eased to 2.8% in May and prices edged down slightly from the previous month, mainly because of cheaper food, state news agency KUNA reported.
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UAE. July data suggested that the UAE's non-oil private sector regained some of the growth momentum that was lost at the end of the second quarter; Output and new orders both rose at sharper rates, contributing to a robust overall improvement in business conditions.
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