Cairo – Mubasher: Egypt’s annual core inflation rate, computed by the Central Bank of Egypt (CBE), increased by 0.98% m-o-m in January compared to an increase of 0.10% m-o-m in December.
The annual rate increased to 7.73% in January from 7.23% in December, according to CBE.
On other hand, the headline CPI published by the Central Agency for Public Mobilization and Statistics (CAPMAS) increased by 0.11% m-o-m in January compared to a decline by 0.09% in December.
Meanwhile, the annual rate declined to 10.10% in January from 11.06% in December, on the back of a favorable base effect from the previous year.
