Egypt's annual core inflation declines to 1% in June: CBE

Thu, 09 Jul 2020 - 08:15 GMT

The annual core inflation rate reached 1 percent in June, down from 1.5 percent in May last year, the Central Bank of Egypt (CBE) said in a statement.

Inflation to shoot over coming months: Economists

Tue, 11 Jul 2017 - 07:40 GMT

New fuel, electricity prices and one percent increase in value-added tax (VAT), all came to effect in July, are expected to add more pressure on inflation rates.

Egypt annual inflation eases for 1st time since flotation

Thu, 08 Jun 2017 - 10:16 GMT

Egypt’s annual urban inflation declined to 30.9 percent in May, compared to 32.06 percent by the end of April, state statistics body announced Thursday.