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Annual inflation increases to 10.28% in July compared to 9.75% in June
The report emphasised that 30.5% of youth have previously migrated without a visa; 80.9% of them had no contracts
Meanwhile, imports fell 7.8% year on year to EGP 35.8bn due to the decreasing prices of some goods like wheat, corn, chemical products and wood. In March of last year, imports registered EGP38.8bn.
The rate of births per 1,000 citizens was reported at 25.7 in 2006, increasing to 31.9 in 2012, while the rate of deaths per 1,000 citizens also increased slightly from 6.3 in 2006 to 6.4 in 2012.
Workers in the retail sector say prices for most products have increased significantly in recent months, due to increases in the price of the US dollar.
According to the report, issued ahead of the World Day Against Child Labour on 12 June, the number of working children between the ages of five and 17 is 1.59m, or 9.3% of all children.
World Food Programme releases report on poverty and food insecurity in Egypt
Rise attributed to increases in export of fresh oranges, crude oil, pastas, rice, ceramic tiles and health products
Poorest consumers feel commodity price increases most painfully
The report said that the Tourism Ministry has unofficially stated an increase in the number of tourists by 22% as of March 2013
Rate has increased by 3.7 percentage points since 2010
Attributes decline to rise in global cotton prices
Rural inflation rate surpasses that of urban areas
By Farah Halime The people at Cairo-based brokerage firm Pharos Holding have sent investors a thorough breakdown of the reasons behind Egypt’s diesel crisis. Titled “Diesel Crisis: Unquoted Figures and Untold Stories. The Secret behind Diesel Shortages in Egypt”, the document sheds light on the country’s fuel crisis. Pharos Research sourced diesel import data from the main government …
IMF may offer a ‘bridge loan’ to Egypt in the meantime as short term financing solution
CAPMAS and Central Bank of Egypt figures reveal rise in inflation, foreign exchange reserves reduced to $13.5bn by the end of February
The number of unemployed Egyptians reached 3.5 million, increasing by 4.8% from the third quarter of 2012 and increasing by 2.1 million from the fourth quarter of 2010, CAPMAS reported
Exports fell by 1.5%, while imports jumped 14.4% during the same period
Labour force survey for Q4 2012 reveals growing rate of unemployment
Inflation rises 1.8% as Egyptians struggle to make ends meet
Economic slowdown and low purchasing power curbed price increase
The core CPI comprises 55 items divided into 4 categories: food, retail, paid services and other services
Study to come out soon placing number at 6 to 7 per cent
By Hend El-Behary Egypt’s trade deficit nearly doubled, reaching EGP 17.6 billion in June, compared to EGP 11.9 billion in the same month last year, a 47.9 per cent jump according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). Exports have plunged by 18 percent, falling to EGP 14.6 billion, a decrease of …