Egypt’s annual inflation rate rises to 39.7% ...Egypt

EGYPT INDEPENDENT - Economy
Egypt’s annual inflation rate rises to 39.7%
source : EGYPT INDEPENDENT ( Egypt ) () 32
The Central Agency for Public Mobilization and Statistics (CAPMAS) in Egypt announced that the annual inflation rate rose to 39.7 percent during August, compared to 15.3 percent during the same month last year. CAPMAS data on Sunday showed that the annual inflation rate for the country rose to 39.7 percent during August, compared to 15.3 percent last year. The agency stated that the general index of consumer prices in Egypt increased by 1.6 percent on a monthly basis during August compared to July, scoring 184 points.   Sky-high inflation 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

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