#urban inflation
Egypt’s annual urban consumer inflation has spiked to 15 percent, its highest in four years, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS) on 10 October 2022. Consumer inflation is a term that signifies the measured price increase of goods and services over a studied period of time. Egypt’s consumer inflation rate has become increasingly tangible over the past months. With the government’s recent restrictions on imports, limiting resources and commodities, consumer prices have soared…
