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Egypt’s inflation falls to 15.6% in November – CAPMAS

Egypt’s inflation falls to 15.6% in November – CAPMAS
The CPI inched down 0.7% month-on-month, recording 309.1 points last November

Cairo – Mubasher: Egypt’s annual inflation declined to 15.6% year-on-year in November from 26.7%.

The consumer price index (CPI) inched down 0.7% month-on-month, recording 309.1 points last November, the Central Agency for Public Mobilization and Statistics (CAPMAS) said in a statement on Monday.

It is worth noting that Egypt’s annual urban consumer inflation recorded 17.5% last October, compared to 31.8% in the same month a year earlier.