2024-06-11 17:22:19
Information issued by the Central Company for Public Mobilization and Statistics said that “the annual inflation price in Egypt decreased by about 27.4% for the month of Might 2024, in comparison with 33.7% for a similar month of the earlier yr.”
The company revealed, “The month-to-month inflation price in Egypt decreased by 0.8% in the course of the month of Might 2024.”
In response to the information, on a month-to-month foundation, “costs fell 0.7 % in Might, whereas meals costs fell 3.0 %, and meals costs rose 31 % in Might on an annual foundation.”
The company attributed crucial causes for this decline to “a lower within the costs of the cereals and bread group by (-2.5%), the meat and poultry group by (-4.6%), the fish and seafood group by (-0.7%), and the dairy, cheese and eggs group by (-3.9%).” ), oils and fat group (-3.0%).
In response to the information, “The greens group decreased by (-8.7%), the sugar and sugary meals group decreased by (-0.6%), the opposite meals merchandise group decreased by (-1.7%), and the furnishings, fixtures, carpets and different ground coverings group decreased by (0.2%).”
The company said that “this lower comes regardless of the rise within the costs of the fruit group by (12.4%), the espresso, tea and cocoa group by (0.8%), the materials group by (1.7%), and the ready-to-wear group by (1.7%).”
In response to the information, “the sneakers group elevated by (1.7%), the precise housing hire group elevated by (0.8%), the smoke group elevated by (0.3%), and the electrical energy, gasoline, and different gasoline supplies group elevated by (0.6%).”
Egypt goes by means of a “extreme financial disaster” as a result of scarcity of overseas trade.
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2024-06-11 17:22:19