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Ramadan 2022 - Spending of Kuwaitis doubles in Ramadan

Finance Kuwait City 21 Apr 22
Ramadan 2022 - Spending of Kuwaitis doubles in Ramadan
Kuwaitis’ spending doubled during the month of Ramadan, and with it the budgets of families by 60% to 70%.
Fee
Event Location
Kuwait, Kuwait
Area
Kuwait City
Start Time
21 April 2022, 12:00 AM
End Time
31 May 2022, 12:00 AM
Website

Kuwaitis’ has doubled their spending during the month of Ramadan, and with it the budgets of families by 60% to 70%, according to consumer behavior consultant. Salah Al-Jimaz, reports Al-Qabas daily.

The average expenditure of a small Kuwaiti family to break the fast is estimated at about 12 dinars (about 40 dollars).

Regarding the direct reasons for this increase, Al- Jimaz says the “Kuwaiti expenditures are usually high during the holy month due to travel for Umrah, special household items for the kitchen and dining table, buying Eid clothes, especially for women and children,”

“If the average spending is 500 dinars at other times during Ramadan it is a thousand dinars,” he added.

Kuwait ramadan 2022