Egypt’s inflation rate hits 9.2 % in 2019

By Amwal Al Ghad English On Feb 9, 2020

Prime Minister Moustafa Madbouly heads a meeting on Friday to follow on the upgrading of railway sector (Photo Credit: Egyptian Cabinet)

Egypt’s average inflation rate record 9.2 percent in 2019 compared to 14.4 percent in 2018, the Cabinet’s media center said.

In an info-graphic posted on its website Saturday, the center said the recent drop in the inflation rate came as a result of the continued improvement of Egypt’s economy.

The inflation rate hit 0.2 percent in December 2019 compared to 0.3 percent in November, the center added.

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