Consumer price inflation in Egyptian cities increased by 18.7 percent last November, compared to 16.2 percent in October. This is its highest level since December 2017, when it scored 21.9 percent.
As for the entire republic, Egyptian government data showed an annual inflation rate of 19.2 percent in November, compared to 16.3 percent in the previous month. On a monthly basis, the general index of consumer prices for the whole of Egypt increased by 2.5 percent in November from October.
The annual increase in the inflation rate for the entire republic is due to the increase in prices in sectors, led by food and beverages, which increased by 30.9 percent, health care by 12.4 percent, transportation and communications by 16.6 percent, the culture, and entertainment sector by 32.2 percent, and the restaurants and hotels sector by 30.1 percent.
Source (Al-Sharq Al-Awsat Newspaper, Edited)
