Egypt urban inflation rises to 9.5 pct in December

DNE
DNE
1 Min Read

CAIRO: Egypt’s urban consumer inflation was 9.5 percent in the 12 months to December compared to 9.1 percent in November, figures on Egypt’s state statistics agency website showed on Tuesday.

The urban consumer price index for December was 120.1 versus 109.7 a year earlier, state statistics agency CAPMAS said.

Meanwhile, core consumer price inflation remained largely unchanged at 7.07 in the year to December, the central bank said.

The bank previously reported core inflation, which strips out subsidized goods and volatile items including fruit and vegetables, was in 7.04 percent on an annual basis in November. 

Share This Article
Leave a comment