Home MoneyBanks Egypt’s Core Inflation Hikes to 10.07% in August – C.Bank

Egypt’s Core Inflation Hikes to 10.07% in August – C.Bank

by Yomna Yasser

Egypt’s core annual inflation rate jumped to 10.07% in August, from 9.57% in July, the central bank announced on Wednesday.

CBE also revealed that headline CPI published by the Central Agency for Public Mobilization and Statistics (CAPMAS) on September 10, 2014, increased by 1.09% (m/m) in August compared to 3.51% (m/m) in July.

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