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

Egypt’s Annual Urban Consumer Inflation Rises to 13.6% in July

An Egyptian fruits seller works at a market in Cairo, Egypt, March 22, 2022. (Reuters)

Egypt's annual urban consumer inflation accelerated to 13.6% year-on-year in July from 13.2% in June, data from the country's statistics agency CAPMAS showed on Wednesday.

Month on month, headline inflation increased by 1.3%, compared to a 0.1% decrease in June.

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