32057
Egypt Inflation Jumps
World Economy

Egypt Inflation Jumps

Egypt’s annual inflation rate accelerated 11.8% in November compared to 10.3% in October, official statistics agency CAPMAS announced, Albawaba reported. The annual consumer price index registered in November the highest rate since May 2015, when the high food prices drove it to hit 13.1%. The Egyptian government has introduced discounted foodstuff all over the nation in an effort to curb rising food prices. Prices of food and beverages, the main contributor in the consumer price index, saw an annual rise of 15.1% in November. Urban inflation rose 11.1% in November year-on-year, while rural inflation increased 12.7% in the same period.

 

Short URL : https://goo.gl/qTFuq4
  1. https://goo.gl/7MDHto
  • https://goo.gl/9ClrmS
  • https://goo.gl/dpCy7T
  • https://goo.gl/TirILa
  • https://goo.gl/wzBF3r

You can also read ...

Norway CB to Develop Digital Currency
Norway’s central bank, Norges Bank, is considering developing...
Higher oil prices mean more money in the oil industry’s pockets and that will spillover into wages, jobs and tax revenue.
Canada’s economy continues to show signs of strength, but not...
Exports of cloth, cotton yarn and  value-added textiles make up almost 60% of the total exports.
Businessmen in Pakistan have expressed concern over the...
Fraud, Money-Laundering on the Rise in Singapore
Over a third of Singapore businesses said they were hit by...
Corporate Japan Learns to Boost Profitability
Japanese listed companies continue to improve their ability to...
Opening up the automobile sector to foreign firms put an end to a “protection period” for domestic brands.  The picture shows Tesla enters China’s domestic car brands.
The constant widening of opening up in China's manufacturing...
Fake Ramadan Discounts in Sharjah
Commercial outlets and shops with fake promotional offers and...
Vietnam Trade, Service Sectors Need Revision
The development of wholesale and retail infrastructure in...

Trending

Googleplus