According to the Central Agency for Public Mobilization and Statistics (CAPMAS), Egypt’s general consumer price index reached 236.5 points in September 2024, reflecting a monthly increase of 2.3 percent compared to August 2024. Notably, the cereals and bread category saw a 0.7 percent increase, while meat and poultry prices also rose by 0.7 percent. Other notable increases included fish and seafood prices, up by 1.7 percent; dairy, cheese, and eggs, which rose by 2.8 percent; and fruits, which increased by 1.7 percent. On an annual basis, Egypt’s inflation rate was recorded at 26.0 percent in September 2024, a notable decrease from 40.3 percent in the same month last year. The report also indicated significant sectoral changes, including a 16.3 percent increase in outpatient services and a 21.4 percent rise in hospital services.

Source: The North Africa Journal October 10, 2024 13:26 UTC