CAPMAS: Annual inflation rate up 31.7% in Feb
CAPMAS
Cairo - MENA
Egypt's annual inflation rate rose to 31.7 percent in February in comparison with the corresponding period of 2016, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).
The monthly inflation rate also increased by 2.7 percent in February compared to January, the report said.
In the monthly bulletin out Thursday, CAPMAS said prices of food and beverages increased by 4.1 percent in February compared with January.
Prices of food and beverages upped by 41.7 percent on annual basis compared with February 2016.
Also, the price of meat and chicken prices increased by 5.5 percent in February in comparison with January, according to the bulletin.
Prices of meat and chicken upped by 34.6 percent on annual basis compared with February 2016.
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- Saturday ,11 March GMT 06:01 2017 Egypt’s Feb. annual urban consumer price inflation hits 30-yr high
- Friday ,10 March GMT 23:43 2017 Egypt's headline inflation continues rising streak to hit 31.7% in February: CAPMAS
- Wednesday ,01 March GMT 03:42 2017 Egypt cabinet approves law abolishing prison terms in bankruptcy cases
- Tuesday ,28 February GMT 03:21 2017 Egypt's cotton exports rise 63.9 pct in Q1 of agricultural year 2016/17: CAPMAS
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