Cairo – Mubasher: Egypt's annual inflation rate hiked to 14.9% in April 2022, compared to 4.4% in the same month in 2021, according to the latest data by the Central Agency for Public Mobilization and Statistics (CAPMAS).
On a monthly basis, the country's Consumer Price Index (CPI) recorded 129 points in April, up 3.7% from March.
The higher inflation is driven by a rise in the prices of vegetables by 32%, seafood by 12.1%, fruits by 11.9%, and meat and poultry by 5.4%.
Meanwhile, the prices of cereals and bread, dairy products, as well as electricity, gas, and other fuel materials rose by 3.6%, 1.3%, and 1.6%, respectively.
Egypt also recorded an increase in the prices of ready-made garments by 4.5% and goods and services used in home maintenance by 2.4%.
