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CBE: Egypt's Annual Headline Inflation Jumps 24.4% in December 2022

Source: www.export-egypt.com 1/10/2023, Location: Africa

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The Central Bank of Egypt (CBE) announced that the annual headline inflation rate jumped 24.4 percent in December 2022, compared to 21.5 percent in November of the same year.

In a statement released, the bank said the Consumer Price Index recorded a monthly rate of 2.6 percent in December 2022, compared to 0.2 percent in the same month in December 2021 and 2.7 percent in November 2022.

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