Egypt’s inflation rate hits 9.2 % in 2019

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.