CAIRO (AP) — Egypt’s annual inflation rate set a record high in June, as the most populous Arab country continues to battle price hikes and a depreciating currency, the Egyptian
Egypt’s annual inflation rate set a record high in June, as the most populous Arab country continues to battle price hikes and a depreciating currency, the Egyptian statistics bureau said Monday. The annual inflation rate reached 36.8% last month, up from 33.7% recorded in May, according to data released by the state-run Central Agency for Mobilization and Statistics. Prices in Egypt rose across many sectors, from food items and medical services to housing and furniture following the Russia-Ukraine war, which unleashed a wave of inflation across the globe.
Egypt s statistics bureau says the country s annual inflation rate has set a record high, reaching 36.8% last month compared to 33.7% in May. The agency s data released Monday show food
CAIRO (AP) Egypt’s annual inflation rate set a record high in June, as the most populous Arab country continues to battle price hikes and a depreciating currency, the Egyptian statistics bureau said Monday. The annual inflation rate reached 36.8% last month, up from 33.7% recorded in May, according to data released by the state-run […]