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Wednesday, February 10 - 2010

Egypt urban inflation up in September

  • Egypt: Sunday, October 11 - 2009 at 10:00

Figures from Egypt's state-run CAPMAS statistics agency have shown that the country's annual urban inflation in September saw its first rise in ten months due to the rising cost of food and drinks, Reuters has reported. Urban inflation jumped to 10.8% in the year to September from 9.0% in the year to August. The main rise was seen in food prices, which jumped 3.7% on the month, while culture items gained 0.7%. Food and drink constitute the single largest category in the basket and have risen 23.6% since the start of the year.

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