Experts note 10% decline in online purchases after rising inflation in Egypt ...Egypt

EGYPT INDEPENDENT - Economy
Experts in the online purchasing sector confirmed that the increase in Egypt’s inflation rates will impact the rate of consumer purchases through various online platforms. They estimated that the decline in purchases could reach about 10 percent after the increase in the prices of many goods. They explained that this decline is temporary and purchases will return to their usual levels. They added that consumers in Egypt are getting used to the increase and dealing with it realistically, and thus the decline in purchases will only be temporary. The head of an online sales platform, Hadeer Shalaby, said that inflation will impact online sales operations, explaining that the decline in purchase

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