Egypt’s annual inflation rate jumped to 10% in February 2022, compared to 4.9% in the same month in 2021, according to the latest data by the Central Agency for Public Mobilization and Statistics (CAPMAS).
According to CAPMAS data, consumer price inflation in cities rose on an annual basis to 8.8% in February 2022, compared to 7.3% in January.
The agency explained that the consumer price index for the whole country recorded an increase of 2% in February.
According to CAPMAS, the general consumer price index for Egypt reached 121.4 points this month, recording an increase of 2% over January.
It attributed this to the increase in the prices of vegetables by 19.6%; meat and poultry by 6.1%; fruits by 5.5%; cereals and bread by 2.2%; mineral and carbonated water and natural juices by 2.2%; dairy, cheese, and eggs by 2.2%; and fish and seafood by 2.0%.
On the other hand, the prices of cereals and bread, mineral and carbonated water, as well as dairy products and eggs climbed by 2.2%, 2.2%, and 2%, respectively.
Meanwhile, outpatient clinic services, hospital services, and transportation services registered an increase of 0.8%, 0.6%, and 0.6% in their prices, respectively.
