Rising Food Prices Remain A Key Concern

Food price inflation continues to be a key concern in Kuwait, as discussed in BMI's recently published Kuwait Food & Drink Report for Q208. The country's main retailer, the government-funded retail group Union of Co-operative Societies (UCS), has warned that Kuwaiti consumers will have to deal with major increases in food prices throughout 2008. The UCS, which operates across a variety of store formats, dominating the country's mass grocery retail sector, has said that the price of some food items will increase by 100% in the face of rising food price inflation. The chairman of the UCS has also said

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