FINANCIAL NEWS

Inflation rate in Egypt grows by 2pct

09 Sep 2016

(MENAFN) Consumer price index for August this year posted an increase of 2 percent compared to July.

Additionally, the increase in the rate of inflation to price hikes among vegetables by 6.4 percent, meat by 3.3 percent and sugary foods by 6.1 percent.

Moreover, furniture and home supply products posted an increase of 2.5 percent, representing a 0.07 percent growth in CPI.

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