Egypt inflation jumps to five-year high of 18.7 pct in November: Latest data (thanks to our corrupt elites & criminal central bankers, soon we will all be Egypt)

Egypt’s annual urban consumer inflation rate surged to a five-year high of 18.7 percent in November, closely matching analyst expectations, data from the statistics agency CAPMAS showed on Thursday.

The inflation figure, up from 16.2 percent in October, was the highest since December 2017, when it hit 21.9 percent. The price rises followed a currency devaluation in October and continued restrictions on imports.

https://english.alarabiya.net/business/economy/2022/12/08/Egypt-inflation-jumps-to-five-year-high-of-18-7-pct-in-November-highest-since-Decemb

h/t  Boo_Randy

Got a news tip or correction? Let us know

If you got something out of this, please chip in to keep this site running, or subscribe to go ad-free.

3 views