#egyptians
Egypt’s annual core inflation rate rose by 0.7 points in August to reach 25.1 percent from 24.4 percent in July, according to Central Bank of Egypt (CBE) figures released on Tuesday, 10 September. Monthly core consumer price index (CPI) inflation also rose to 0.9 percent in August 2024, compared to -0.5 points in July 2024 and 0.3 points in August 2023, the CBE announced. In line with this trend, the headline urban CPI also climbed by 2.1 percentage points…