Egypt’s annual inflation rate hikes in September – CAPMAS

Cairo – Mubasher: Egypt's annual inflation rate increased to 15.30% in September 2022, compared to 8% in the same month in 2021, Akhbar El-Yom cited a report by the Central Agency for Public Mobilization and Statistics (CAPMAS).

Month-on-month (MoM), the country’s consumer price index (CPI) recorded 133.80 points in September, up by 1.60% when compared to August 2022.

The increase was driven by higher prices of meat and poultry by 1.80%, dairy products and eggs by 4.40%, vegetables by 6.20%, and tobacco by 3.50%.

In August 2022, Egypt's annual inflation rate registered 15.30%, compared to 6.40% in the same month in 2021.

When compared to July 2022, the country's core CPI grew by 0.5% in August, recording 131.70 points.

Mubasher Contribution Time: 10-Oct-2022 07:40 (GMT)
Mubasher Last Update Time: 10-Oct-2022 07:41 (GMT)