Egypt's annual headline inflation rises to 14.1% in May - statistics agency


Reuters | Updated: 10-06-2019 12:08 IST | Created: 10-06-2019 11:57 IST
Egypt's annual headline inflation rises to 14.1% in May - statistics agency
Egypt is approaching the end of an IMF-backed economic reform programme that saw inflation rise to a high of 33 percent in 2017.
  • Country:
  • Egypt Arab Rep

Egypt's annual urban consumer price inflation increased to 14.1% in May from 13% in April, official statistics agency CAPMAS said on Monday. Egypt is approaching the end of an IMF-backed economic reform programme that saw inflation rise to a high of 33 per cent in 2017.

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