Egypt: Inflation comes in at highest level since November 2020 in August

egypt inflation comes in at highest level since november 2020 in august

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%.

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