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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Egypt Inflation Climbs to 7.3% in Jan from 5.9% in Dec

Egypt CAPMAS
Egypt's annual urban consumer price inflation quickened to 7.3% year-on-year in January - Reuters

Egypt's annual urban consumer price inflation quickened to 7.3% year-on-year in January, its highest since August 2019, from 5.9% in December, data from the country's statistics agency CAPMAS showed on Thursday.

Prices climbed 0.9% month-on-month compared to a 0.08% drop in December, the agency said.

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