Egypt’s core inflation decreased to 13.1% in April from 13.3 % in March: CAPMAS

Whatapp News

CAIRO  –    Egypt’s annual urban consumer price inflation decreased to 13.1 percent in April from 13.3 percent in March, the official statistics agency CAPMAS said on Thursday.

Inflation jumped after Egypt devalued its currency in November 2016. It reached a record high in July on the back of energy subsidy cuts but has gradually eased since then.(Reuters)