Egyptian Inflation Marks Fourth Consecutive Monthly Decline

The Central Agency for Public Mobilisation and Statistics revealed that Egyptian inflation has experienced a continuous slowdown for the fourth consecutive month.

The Consumer Price Index (CPI) reached 197.6 points, contributing to a decline in nationwide inflation to 31.2% in January, down from 35.2% in the previous month, as indicated by the latest report.

The report further highlighted a decrease in the cost of food and beverages, the most significant component in the inflation basket, which recorded a drop to 47.2%. Additionally, monthly inflation exhibited a slight decrease to 1.3% in January compared to 1.4% in December.



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