Egypt's annual headline inflation hit 39.7 per cent last month compared to 38.2 per cent in July as the prices of basic necessities have continued to soar, taking a heavy toll on the North African country's low and average-income households. The monthly headline inflation in Egypt also jumped by 1.6 per cent in August compared to July, the state-owned Al-Ahram news outlet reported, citing an official statement by the country's Central Agency for Public Mobilisation and Statistics (CAPMAS). The state-run agency attributed the surge in annual headline inflation to the rising prices of food and beverages by 71.9 per cent. Restaurant and hotel services jumped by 49.5 pe
Hence then, the article about egypt s annual headline inflation jumps amid rising prices was published today ( ) and is available onThe New Arab ( Kuwait ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Egypt’s annual headline inflation jumps amid rising prices )