Egypt Inflation Rate Decelerates in January


In January of 2014, Egyptian annual inflation rate slowed for the second straight month to 11.4 percent from 11.7 percent recorded in December, due to favorable base effect from the previous year. In November of 2013, the inflation rate hit a four-year high of 12.97 percent.

On a monthly basis, prices edged up to 1.42 percent after falling by 1.02 percent in December. 

Core inflation rate slowed to an annual 11.7 percent (11.9 percent in December), but rose to a monthly 1.11 percent, compared to 0.41 percent in December.

 Egypt Inflation Rate Decelerates in January


Central Bank of Egypt | Joana Taborda | joana.taborda@tradingeconomics.com
2/10/2014 4:48:28 PM