Egypt's annual core inflation records 4.8% in September: CBE

Egypt Today: The annual core inflation rate recorded 4.8 percent in September 2021, compared to 4.5 percent in August 2021, the Central Bank of Egypt (CBE) said in a statement Sunday.

The Consumer Price Index in Egypt has recorded a monthly rate of 0.4 percent in September, compared to 0.1 percent for the same month last year, and to negative 0.3 percent in August 2021, the statement added.

Core inflation discounts or strips out certain categories that are considered more volatile.

The Central Agency for Public Mobilization and Statistics (CAPMAS) said earlier Thursday that Egypt’s annual consumer price inflation recorded 8 percent in September 2021, compared to 3.3 percent in September 2020.

https://www.egypttoday.com/Article/3/108689/Egypt-s-annual-core-inflation-records-4-8-in-September

Egypt Today Contribution Time: 12-Oct-2021 08:17 (GMT)
Egypt Today Last Update Time: 12-Oct-2021 08:17 (GMT)