Recently Released Market Study: Kuwait Food & Drink Report Q1 2013
We continue to hold to our positive outlook for consumer spending in Kuwait owing to factors such as continued economic growth, elevated oil prices and household incomes boosted by wage and benefit hikes. Even though food prices remain the key driver of inflation, amelioration in this area has been noted in H212. We note, however, that Kuwait imports the vast majority of its food items for domestic consumption, making it particularly vulnerable to external pressure. This situation will continue to...
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