Egyptian urban inflation falls to 20 per cent

10 November 2008

Urban inflation in Egypt declined to 20.2 per cent in the year to the end of October, the Central Agency for Public Mobilisation & Statistics reported on 10 November.

The figure is down from 21.5 per cent for the year to the end of September.

Food prices in October were up by 25.9 per cent on October 2007, but had fallen by 1.4 per cent from September to October.

Overall inflation, which takes into account urban and rural areas, was 21.2 per cent in the year to September. Food prices were up by 26.7 per cent from September 2007 to September 2008.

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