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Historically.. Egypt records its highest INFLATION 24.4%.. Who can save?
Ashraf AboArafe
The Central Bank of Egypt (CBE) announced that the annual headline inflation rate jumped 24.4 % in December 2022, compared to 21.5 percent in November of the same year.
In a statement released on Tuesday 10/1/2023, the bank said the Consumer Price Index recorded a monthly rate of 2.6 percent in December 2022, compared to 0.2 percent in the same month in December 2021 and 2.7 percent in November 2022.