Inflation in Egypt increases to 36% during February: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed that annual inflation recorded 36 percent in February compared to last year.
CAPMAS attributed this to rising prices in:
- The meat and poultry group by 25 percent
- The cereals and bread group by 14.2 percent
- Fish and seafood by 11.5 percent
- Dairy, cheese and eggs by 12.8 percent
- Oils and fats by 14.1 percent
- Fruits by 7.3 percent
- Vegetables by 9.2 percent
- Sugar and sugary foods by 6.9 percent
- Coffee, tea and cocoa by 11.3 percent
- Tobacco by 8.5 percent
- Ready-made clothing by 4.4 percent
- Shoes by 3.2 percent
- Water and miscellaneous services related to housing by 10.7 percent
- Furniture, fixtures, carpets and other floor coverings by 8.6 percent
- Household appliances by 7.4 percent, medical products, devices and equipment by 17.3 percent
- Vehicle purchases by 4.8 percent, cultural and entertainment services by 9.8 percent
- Newspapers, books and stationery by 55.3 percent
- The pre-primary and basic education group by 10.2 percent
- The general and technical secondary education group by 6.5 percent, the post-secondary and technical education group by 6.9 percent
- The higher education group by 32.5 percent
- The ready-made meals group by 11.8 percent
- Hotel services by 9.8 percent
CAPMAS explained that the monthly inflation rate for Egypt reached 11 percent for February, compared to 1.7 percent for January.