Egypt’s annual inflation records 4.6% in July, rises 0.2% monthly

Egypt’s annual consumer price inflation recorded 4.6 percent in July 2020, compared to 7.8 percent in July 2020, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).

On a monthly basis, inflation recorded 107.8 points in July 2020, marking an increase of 0.2 percent compared to June 2020, state-statistics body

CAPMAS attributed the rise in inflation to the increase in prices of some commodities during the month, as electricity, gas and other fuel materials by 11.2 percent, hotel services by 2.7 percent, outpatient services by 1.5 percent, ready meals by 1.2 percent, personal care by 1.1 percent, and hospital service by 0.8 percent.