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Egypt’s urban inflation increases to 5.7% in November from 4.5% in October - Daily News Egypt

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Egypt’s urban inflation increases to 5.7% in November from 4.5% in October

It added that the whole country’s CPI recorded 111.2 points for November, reflecting an increase of 1.1% on October.


Egypt’s consumer price index for urban consumers (CPI-U) increased to 5.7% on an annual basis in November, compared to 4.5% in October 2020, the Central Agency for Public Mobilization and Statistics (CAPMAS) said on Thursday.

It added that the whole country’s CPI recorded 111.2 points for November, reflecting an increase of 1.1% on October.

CAPMAS attributed this increase to the rise in prices of the following: vegetables by 25.0%, cereals and bread by 0.6%, garments by 2.7%, outpatient clinics by 0.5%, hospital services by 0.4%, hotel services by 1.3%, and restaurants by 0.5%.

This comes despite a decrease in the prices of fruit by 4.6%, meat and poultry by 0.4%, and phone and fax service equipment by 0.6%.

According to the agency, Egypt’s annual inflation recorded 6.3% in November 2020, compared to 4.6% in October 2020, and 2.7% in November 2019.

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https://dailyfeed.dailynewsegypt.com/2020/12/10/egypts-urban-inflation-increases-to-5-7-in-november-from-4-5-in-october/
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