The monthly inflation rate inched up 3.3 percent in July to stand at 256.6 points against 248.4 points in June, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.
According to a monthly bulletin, a copy of which MENA received, the annual inflation rate rose to 34.2 percent in comparison with July 2016.
The government has increased fuel prices in June to cut subsidies, the bulletin noted.
Prices of food and beverages increased by 2.4 percent in July compared with June.
Prices of food and beverages upped 43 percent in July 2017 compared with the previous year.
The inflation rate in urban areas ratcheted up by 3.2 percent in July in comparison with the previous month.The annual inflation rate increased by 33 percent compared to last year.
In rural areas, inflation recorded a rise of 3.3 percent in July to reach 266.8 points against June. While, the annual inflation rate upped by 35.7 percent in July compared to the same month in 2016.
GMT 05:02 2017 Tuesday ,11 July
Egypt’s inflation rises again; expected to keep going upGMT 20:54 2017 Monday ,10 July
CAPMAS: Inflation rate up 31 percent in 1st half of 2017GMT 04:16 2017 Thursday ,11 May
Egypt’s annual urban consumer price inflation reaches 31.5% in AprilGMT 20:44 2017 Monday ,01 May
CAPMAS: Volume of labor force rose to 28.934 mln in 2016GMT 06:01 2017 Saturday ,11 March
Egypt’s Feb. annual urban consumer price inflation hits 30-yr highMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor