Egypt's annual inflation rates dropped in October compared to the month before, according to official data, despite an ongoing economic crisis in the country. The annual headline urban consumer inflation rate fell in October to 35.8 percent, down from 38 percent the previous month, the state-run Central Agency for Public Mobilisation and Statistics (CAPMAS) said on Saturday. The prices of essentials like grains, bread, fruit and vegetables had all fallen, while the prices of other goods remained stable, CAPMAS said. Inflation had witnessed a steady surge over the previous months, reaching its fourth consecutive record high in September, according to a CAPMAS report.
Hence then, the article about egypt inflation rates drop but gaza war impact yet to bite 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 inflation rates drop but Gaza war impact yet to bite )