Categories: Business

Egypt’s annual urban consumer price inflation down to 13.9pc in July, CAPMAS says

CAIRO (Reuters) : Egypt’s annual urban consumer price inflation dropped to 13.9% in July from 14.9% in June, data from statistics agency CAPMAS showed on Sunday.

Urban food and beverage prices were down 3% overall compared to June 2025 but rose by 3.4% against July 2024.

Urban inflation on a monthly basis inched down in July by 0.5% compared to June, as meat and poultry prices were down by 4.9%, fruits by 11% and vegetables by 7%, while the prices of bread and cereals were up by 0.4% and seafood by 0.2%.

Egypt’s annual inflation has plunged from a record high of 38% in September 2023, helped by an $8 billion financial support package agreed with the International Monetary Fund in March 2024.

The Frontier Post

Recent Posts

Six soldiers martyred, five Indian-backed khwarij killed in Bannu attack

F.P. Report BANNU: Six soldiers belonging to the Pakistan Army and Federal Constabulary (FC) embraced…

2 hours ago

Trump says he is ‘very disappointed’ with Putin over Ukraine

WASHINGTON (Reuters): U.S. President Donald Trump said on Tuesday he was "very disappointed" in Russian…

2 hours ago

France issues arrest warrant for Assad over 2012 killings of journalists

PARIS (AFP): French judicial authorities have issued arrest warrants for ousted Syrian President Bashar Assad…

2 hours ago

Recognition of Palestinian state would spur sprint toward two-state solution, envoy says

LONDON (Reuters): The recognition of a Palestinian state by leading Western nations will trigger a…

2 hours ago

12 killed, 31 wounded in explosion at Opp rally in Quetta

F.P. Report QUETTA: At least 12 people were killed and 31 wounded in an explosion…

2 hours ago

Pakistan vaccinates over 7 million children on first day of anti-polio drive

F.P. Report KARACHI: Pakistani health authorities vaccinated over seven million, or 24.9% of the targeted…

7 hours ago

This website uses cookies.