inflation
On a monthly basis, inflation recorded 130.2 points in May 2022, recording a 3.9 percent increase compared to April 2022, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.
This review shows indicators of Egypt’s economic growth rates before and after the Russian war on Ukraine.
The agency attributed the change in its outlook to the inflation in the food prices, saying that if the government could not mitigate such raises in prices, it would cause “social tensions,” despite the foreign financial support of the Gulf States Council (GCC) and the prospect of a new IMF program.
As for urban inflation, it surged in April to 13.1 percent, compared to 10.5 percent in March.
Mounting price pressures, slipping output expansion and sagging confidence will all pose a drag for most countries, according to the latest Brookings-FT tracking index.
On a monthly basis, inflation recorded 124.4 points in March 2022, recording a 2.4 percent increase compared to February 2022, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.
On a monthly basis, inflation recorded 121.4 points in February 2022, recording a 2 percent increase compared to January 2022, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.
Minister of Planning and Economic Development Hala al-Said made the statement in a press conference Tuesday.
On a monthly basis, inflation recorded 119.1 points in January 2022, recording a 1 percent increase compared to December 2021.
Annual urban consumer price inflation fell to 5.6% in November, on an annual basis, from 6.3% in October, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.
On a monthly basis, inflation recorded 118 points in October 2021, marking an increase of 1.7 percent compared to September 2021.
Inflation recorded 116.1 points in September 2021, marking an increase of 1.6 percent compared to August 2021, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.
On a monthly basis, inflation recorded 114.3 points in August 2021, marking a decrease of 0.1 percent compared to July 2021, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.
The country seeks to contain the rate of inflation to settle at 6 percent, unemployment at 7.3 percent and poverty at 28.5 percent, she said.
On a monthly basis, inflation recorded 114.4 points in July 2021, marking an increase of 1 percent compared to July 2021, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.
The Media Center of the Cabinet released Saturday the figures.
On a monthly basis, inflation recorded 113.2 points in June 2021, marking an increase of 0.3 percent compared to May 2021, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.
On a monthly basis, inflation recorded 112.9 points in May 2021, marking an increase of 0.6 percent compared to April 2021, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.
Goldman Sachs noted that Egypt, Russia and Ukraine have been able to post a decline in inflation rates during April, pushed by low food prices.
On a monthly basis, inflation recorded 110.9 points in March 2021, compared to 110.3 points in February 2021
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