Egypt’s annual inflation hits 14.9% in April: CAPMAS

Egypt’s annual inflation registered 14.9 percent in April, compared to 4.4 percent in the same month of 2021, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.On a monthly basis, inflation recorded 129 points last month, recordin…

Egypt’s annual inflation registered 14.9 percent in April, compared to 4.4 percent in the same month of 2021, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.

On a monthly basis, inflation recorded 129 points last month, recording a 3.7 percent increase compared to March 2022, according to the CAPMAS.

CAPMAS attributed the rise in the annual inflation rate to the notable increase in the prices of vegetables by 32%, the fish and seafood group by 12.1%, the fruit group by 11.9%, the meat and poultry group by 5.4%, the cereals and bread group by 3.6% and the dairy, cheese and eggs group by 1.3%.

Source: State Information Service Egypt

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