Top Inflation Rates for Food Products in July 2024

Updated 8/15/2024 9:02:00 AM
Top Inflation Rates for Food Products in July 2024

In July 2024, bread saw the highest annual inflation rate among food products, with prices rising by 181.9%, according to data from Egypt’s CAPMAS.

Potatoes followed with an inflation rate of 133.9%, while tomatoes experienced a 121.5% increase.

Non-subsidized sugar had a price rise of 66.8%, and coffee saw an inflation rate of 53.9%.

The Central Agency for Public Mobilization and Statistics (CAPMAS) announced that Egypt’s annual headline inflation narrowed to 25.2% in July, compared to 38.2% in the same month of 2023.

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