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Egypt’s annual urban consumer inflation dropped to lowest levels in 2015, by 8.4 percent in July from 11.4 percent in June, the official statistics agency CAPMAS said Monday.
Inflation soared in Egypt after the government slashed energy subsidies in July 2014.
The percentage of Egypt’s annual urban consumer inflation during 2015according to the Central Agency for Public Mobilization and Statistics (CAPMAS):
|
Month |
Percentage |
|
January |
9.4% |
|
February |
10.7% |
|
March |
11.8% |
|
April |
11% |
|
May |
13.5% |
|
June |
8.3% |
