Egypt’s annual headline inflation rate registered 6.4% in August, up from 3.6% in the same month in 2020, official data showed.
Month-on-month (MoM), the annual inflation rate accelerated during August from 6.1% in July, the Central Agency for Public Mobilization and Statistics (CAPMAS) said in a statement on Thursday.
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The consumer price index (CPI) stood at 114.3 points in August, registering a decline of 0.1% from July.
This drop is ascribed to lower prices of meat and poultry by 4.3%, fish and seafood by 0.8%, and ready-made garments by 0.2%.
On the other hand, the prices of vegetables increased by 4.7%, fruits by 1.3%, milk, cheese, and eggs by 0.3%, vehicles by 1.9%, private transportation fees by 1.8%, and hospital services by 0.5%.
