Food commodity price hikes push inflation to its highest since 2005: CBE - Daily News Egypt - News Summed Up

Food commodity price hikes push inflation to its highest since 2005: CBE - Daily News Egypt


The annual rate increased to 23.27% in December from 19.43% in November. The report said that the annual rate increased to 23.27% in December from 19.43% month-on-month. It added that rice prices continued to increase, registering 13.99% and contributing by 0.38% to the monthly headline inflation. Together, they contributed by 0.11% to the monthly headline inflation. The annual rate increased to 25.86% in December from 20.73% in November.


Source: Daily News Egypt January 16, 2017 15:46 UTC



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