Recently Released Market Study: Kuwait Business Forecast Report Q4 2012
Core Views We retain our broadly sanguine outlook on Kuwait's economic prospects for 2012. Elevated global hydrocarbon prices will allow the government to keep fiscal spending high, driving domestic consumption, and oil production looks set to remain near capacity in the months ahead. While our outlook on fixed investment is less positive, we nevertheless forecast real GDP growth of 4.5% in 2012, down only modestly from estimated growth of 5.7% in 2011. We expect inflation in Kuwait to head higher...
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