Egypt’s Annual Inflation Rate 4.64% Up In October: CBE

Egypt’s annual inflation rate set by the Central Bank of Egypt (CBE) rose to 4.64% in October, compared to 3.84% in September. The core monthly inflation rate registered 1.18% in October, compared to a negative rate of 0.31% in September.

Central Agency for Public Mobilization and Statistics (CAPMAS) announced yesterday that the general monthly inflation rate rose 0.79% in October, compared to 1.20% in September.  The general annual inflation rate rose to 6.70% in October, compared to 6.22% in September.