Egypt’s inflation falls to 25.5% in November

Cairo - Mubasher: The Central Bank of Egypt (CBE) said that annual inflation rate declined to 25.54% in November 2017, down from 30.35% in the previous month.

Monthly inflation recorded 1.31% last month compared to 0.7% in October, the CBE revealed in a statement issued on Sunday.

 Egypt's inflation has surged since November 2016, after the central bank freed exchange rates and the Egyptian government reduced energy subsidies.

Mubasher Contribution Time: 10-Dec-2017 15:28 (GMT)
Mubasher Last Update Time: 10-Dec-2017 15:54 (GMT)