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Kuwait’s consumer spending growth maintains upward momentum in Q3

Consumer spending growth saw a better-than-anticipated pick-up so far in Q3, consistent with strong loan growth, a steady macroeconomic climate, healthy employment growth and as oil prices hovered around $60/bbl.  We expect these factors to persist this year and offset the softness in wage growth, ultimately keeping consumer spending at…

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Click here to read the full story: Kuwait Times

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