Egypt annual inflation eases to 12.5pc in April | 2019-05-10 | daily-sun.com

Egypt annual inflation eases to 12.5pc in April

9th May, 2019 09:26:55 printer

CAIRO: Egypt's annual inflation eased to 12.5 percent in April compared to 12.9 percent last year, official statistics agency said Thursday.

The annual urban consumer price inflation declined to 13 percent in April from 14.2 percent in March, according to the Central Agency for Public Mobilization and Statistics, reports Xinhua.

The inflation rate between January and April reached 13.1 percent, while the rate surged 0.4 percent in April compared to March.  Egypt has been implementing an International Monetary Fund-backed.


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