Over the last year I have noticed a lot of items increase in price, and some drastically like plane tickets. Increase of fuel prices have one part of it, then there are a lot of other factors and one that I never knew of. We are considered a War Zone which causes the cost of items coming to Kuwait to increase in price. One of the main factors is insurance, to insure items coming to Kuwait including the planes flying here have increased three fold. Thats is why shipping costs have increased drastically over the last few years. I bought four tires for my car and it cost 620 KWD when the same tires cost about 480 KWD the same time last year which is a drastic increase, and one of those increases sited was shipping as well as the shortage of rubber.
The List:
Surprisingly Qatar is not on the list, and I do not know why some countries like Kuwait and UAE are on that list. With the way things are going we will never be off that list and some costs seem to keep going up instead of down. With all the floods and earthquakes asia has been facing there has been increases in pricing from cars & rubber to hard drives & electronics. I was wondering how countries get on this list and how to get off of it.