The annual consumer price inflation in Egyptian cities rose from 32.7 percent in May to 35.7 percent in June, its highest rate ever, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS) on Monday. The data showed that the annual inflation rate recorded 36.8 percent for June 2023, compared to 33.7 percent for May and 14.7 percent for June 2022. The general consumer price index for the reached (177.6) points for the month of June 2023, recording an increase of two percent compared to May 2023. Reuters polled 12 analysts whose average forecast was that annual urban consumer inflation would rise to 34.5 percent in June from 32.7 percent in May, just below th
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