#war on ukraine
According to Ahram Online, Egypt's annual inflation rate surged to 14.9 percent in April, significantly higher than the previous month’s 12.1 percent. The data, which was provided by the Central Agency for Public Mobilization and Statistics (CAPMAS), further detailed that Egypt’s urban areas are currently suffering from a 13.1 percent inflation rate. Egypt’s rising inflation rate is felt through the plethora of challenges the country continues to face, domestically and internationally. The Russian war on Ukraine has destabilized the global…
