Cairo – Mubasher: Egypt’s annual inflation dropped to 13.1% year-on-year in March 2018 from 32.5%.
The consumer price index (CPI) grew 1% month-on-month, recording 169.8 points last month, the Central Agency for Public Mobilization and Statistics (CAPMAS) said in a statement on Tuesday.
The monthly rise in the Arab nation's inflation rate was driven by an increase in the prices of vegetables, meat and poultry, fish and seafood, fruits, vehicles, and organized tourism trips by 3.9% 1.6%, 5.2%, 1.8%, 1%, and 5.2%, respectively.
It is worth noting that annual urban consumer price inflation had recorded 14.3% in February 2018.
