{"id":324404,"date":"2022-01-10T10:45:01","date_gmt":"2022-01-10T10:45:01","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=324404"},"modified":"2022-01-11T11:38:47","modified_gmt":"2022-01-11T11:38:47","slug":"egypts-annual-inflation-rategypts-annual-urban-inflation-rose-to-5-9-in-decembere-rises-to-6-5-in-december","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2022\/01\/10\/egypts-annual-inflation-rategypts-annual-urban-inflation-rose-to-5-9-in-decembere-rises-to-6-5-in-december\/","title":{"rendered":"Egypt’s Annual urban inflation rose to 5.9% in December"},"content":{"rendered":"

nnual u<\/strong>rban inflation rose to 5.9%<\/strong> in December<\/strong> from 5.6% in November, ending a two-month downward trend despite a slowdown in food price inflation, according to figures released yesterday by statistics agency Capmas.<\/p>\n

On a monthly basis, consumer prices fell for the first time in 11 months, dipping 0.1% due to a 1.1% fall in food prices. The annual rate remains at the lower end of the central bank\u2019s 7% (\u00b12%) target range by 4Q2022.<\/p>\n

Annual c<\/strong>ore inflation hit its highest level <\/strong>since June 2019<\/strong>, climbing to 6% y-o-y from 5.8% in November, according to Central Bank of Egypt data (pdf)<\/a>. The core index removes volatile items such as food and fuel from the headline annual urban rate.<\/p>\n","protected":false},"excerpt":{"rendered":"

nnual urban inflation rose to 5.9% in December from 5.6% in November, ending a two-month downward trend despite a slowdown in food price inflation, according to figures released yesterday by statistics agency Capmas.<\/p>\n","protected":false},"author":4,"featured_media":321372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33,21],"tags":[250],"class_list":["post-324404","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main","category-news","tag-capmas"],"yoast_head":"\nEgypt's Annual urban inflation rose to 5.9% in December - egy-africa<\/title>\n<meta name=\"description\" content=\"Egypt's annual inflation rate rose to 6.5% in December 2021, compared to 6% in the same month in 2020, according to the latest data\u00a0by\u00a0the Central Agency for Public Mobilization and Statistics (CAPMAS).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/egy-africa.com\/en\/2022\/01\/10\/egypts-annual-inflation-rategypts-annual-urban-inflation-rose-to-5-9-in-decembere-rises-to-6-5-in-december\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt's Annual urban inflation rose to 5.9% in December - 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