Arab Finance: Egypt’s annual core inflation rate recorded 31.8% in April 2024, compared to 33.7% in March, the Central Bank of Egypt (CBE) announced in a press release on May 9th.

The monthly core consumer price index (CPI) inflation recorded 0.3% last April, compared to 1.7% in the same month of 2023 and 1.4% in March 2024, the CBE highlighted.

The data also showed that the annual headline inflation rate registered 32.5% in April, compared to the recorded annual rate of 33.3% in March.

On May 9th, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced that Egypt's annual headline inflation declined to 31.8% in April, versus 33.1% in March.

Egypt welcomes 15M tourists since Gaza conflict Updated 11/10/2024 11:34:00 AM

Egypt’s annual headline inflation falls to 26.3% in October: CAPMAS Updated 11/10/2024 8:41:00 AM

Egypt launches ESAF company to drive green energy transition Updated 11/10/2024 8:03:00 AM

Parliament prepares extensive study on old rent laws post supreme constitutional court ruling Updated 11/10/2024 7:54:00 AM

Austria’s Kronospan considers major manufacturing projects in Egypt Updated 11/10/2024 4:20:00 AM