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Egypt's annual urban consumer price inflation up to 14.4 pct in June -CAPMAS

Tuesday 10/July/2018 - 01:22 PM
Sada El Balad
edited by: Basant Ahmed
Egypt’s annual urban consumer price inflation rose to 14.4 percent in June، from 11.4 percent in May، the official statistics agency CAPMAS said on Tuesday، Reuters reported.

Egypt has hiked fuel، electricity and transportation prices over the past two months to help meet the terms of a $12 billion IMF loan programme it signed in late 2016 that includes deep cuts to energy subsidies and tax hikes.

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