Sumary of Egypt: Inflation comes in at highest level since November 2020 in August:
- Inflation rose to 5.7% in August, slightly above July’s 5.4%.
- August’s figure marked the highest inflation rate since November 2020. Consequently, the trend pointed up, with annual average inflation increasing to 4.8% in August (July: 4.6%).
- Lastly, core inflation fell to 4.5% in August, from the previous month’s 4.6%.