Daily News Egypt

Egypt’s annual urban inflation falls to 4.7% in May: CAPMAS - Daily News Egypt

Advertising Area

Advertising Area



Egypt’s annual urban inflation falls to 4.7% in May: CAPMAS

CAPMAS explained that the consumer price index (CPI) totalled 107.7 points in May, registering an increase of 0.1% over April.


Egypt’s annual urban inflation declined significantly to 4.7% in May, compared to 5.9% in April, the Central Agency for Public Mobilization and Statistics (CAPMAS) revealed on Wednesday.

CAPMAS explained that the consumer price index (CPI) totalled 107.7 points in May, registering an increase of 0.1% over April.

The agency attributed the rise to the increase in fruit prices by 4.7%, meat and poultry by 2.0%, cereals and bread by 0.4%, private transportation by 1.6%, garments by 1.3%, and outpatients services by 0.6%.

Meanwhile, vegetable prices declined by 4.7%; fish and seafood by 1.8%; and dairy, cheese, and eggs by 0.2%.

CAPMAS noted that the annual headline inflation declined to 5% in May 2020, compared to 5.9% in April 2020 and 13.2% in May 2019.

Topics: CAPMAS inflation

Advertising Area

https://dailyfeed.dailynewsegypt.com/2020/06/10/egypts-annual-urban-inflation-falls-to-4-7-in-may-capmas/
Breaking News

No current breaking news

Receive our daily newsletter
Subscribe