The rate of general inflation in Egypt will drop to 5.1% during 2020

Published 2021년 1월 10일

Tridge summary

In 2020, the United Arab Emirates saw a decrease in its general inflation rate to 5.1% from the previous year's 8.5%. However, in December, the inflation rate saw an increase of 6% compared to the previous year. The inflation rates varied throughout the year, with the highest rate of 6.8% in January and the lowest rate of 3.3% in September. The categories with the highest inflation include education, health care, restaurants and hotels, and alcoholic beverages, smoke, and air conditioners. The most significant price increases were seen in permanent vegetables, tomatoes, carrot vegetables, pasta, garlic, and fresh and frozen meat. The most significant decreases were in birds and eggs, fresh fish, and birds.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Central Agency for Public Mobilization and Statistics revealed that the general inflation rate for the entire republic during 2020 decreased to 5.1%, compared to 2019, which was 8.5%. He pointed out that the annual rate of inflation in commodity prices for the entire republic during the month of December last recorded an increase of 6% compared to December 2019, which was recording an increase of about 6.8%. The annual inflation rate during December was about 6.3%, in October about 4.6%, in September about 3.3%, in August 3.6%, and in July about 4.6%, down from June, which recorded 6%, and in May about 5%, down from April, which It reached about 5.9%, up from 4.6% in March, down from 4.9% in February. The annual inflation rate in January was about 6.8%, the same as December 2019, while it was recorded at 2.7% in December and 2.4% during last October. The agency stated that food and beverage prices increased by 3.3% on an annual basis during December 2020, transportation costs ...

Source: Amwalalghad