Egypt’s annual core inflation records 24.4% in December: CBE

Reuters

It is worth noting that Egypt’s annual core inflation rate rose to 21.5% in November 2022

Staff Writer, Arab Finance

January 12, 2023

PHOTO

The annual core inflation rate of Egypt recorded 24.4% in December 2022, compared to 21.5% in November 2022, the Central Bank of Egypt (CBE) revealed in a press release on January 10th .

The monthly core consumer price index (CPI) inflation recorded 2.6% last December, after recording 0.2% in the same month of 2021, and 2.7% in November 2022, the CBE stated.

It is worth noting that Egypt’s annual core inflation rate rose to 21.5% in November 2022.

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