Urgent .. Annual inflation rate in Egyptian cities declines to 27.5% by the end of June 2024

  • The Central Agency for Public Mobilization and Statistics revealed that the annual inflation rate in cities declined to 27.5% by the end of June 2024, compared to 28.1% in May.

 

  • The agency indicated, in a statement today, Wednesday, that monthly inflation in cities accelerated to 1.6% in June compared to a contraction of 0.7% in May.

 

  • أوضح إن الرقم القياسي العام لأسعار المستهلكين لإجمالي الجمهورية سجل 225.6 نقطة لشهر يونيو 2024، مسجلاً بذلك تضخماً سنوياً قدره %27.1 مقابل 27.4%.لشهر مايو 2024.

 

  • The agency attributed the main reasons for this decline to the decline in the prices of the fish and seafood group by 0.1%, the oils and fats group by 0.3%, the fruit group by 2.6%, the sugar and sugary foods group by 1.0%, the fabrics group by 7.0%, and the other clothing and accessories group by 2.8%.

 

  • In contrast, the prices of the cereals and bread group increased by 13.5%, the meat and poultry group by 3.7%, the vegetables group by 2.3%, the other food products group by 1.3%, the mineral and carbonated water and natural juices group by 0.7%, the alcoholic beverages group by 0.1%, the tobacco group by 0.2%, the ready-made clothing group by 1.4%, the shoes group by 2.5%, the actual rent of the dwelling group by 0.6%, the maintenance and repair of the dwelling group by 0.7%, the home furnishings group by 0.9%, the home appliances group by 1.0%, the glassware, tableware and household utensils group by 0.5%, the medical products, devices and equipment group by 4.0%, the outpatient services group by 1.3%, the services group Hospitals by 0.8%, Vehicle purchase group by 0.5%, Postal services group by 4.3%, Cultural and entertainment services group by 0.1%, Organized tourism group by 1.1%, Ready meals group by 0.6%.

 

  • According to the agency, the monthly inflation rate for the entire republic recorded 1.8% for June 2024, compared to 0.8% for May 2024.

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