国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Egypt's monthly inflation rate down by 1 pct in June: statistics

Source: Xinhua| 2019-07-10 18:50:07|Editor: xuxin
Video PlayerClose

CAIRO, July 10 (Xinhua) -- Egypt's monthly inflation rate decreased in June by one percent in comparison to May, the country's statistics authority said on Wednesday.

"The annual-based inflation rate dropped to 8.9 percent in June compared to 13.8 percent in the same month in 2018," the Central Agency for Public Mobilization and Statistics (CAPMAS) added.

The report added that food prices decreased by 2.3 percent in June in comparison to the previous month, which is the main reason for the decline of the monthly inflation rate.

Ihad el-Dosoqy, professor of economy at Sadat Academy for Administrative Sciences, attributed the deceleration partly to the lower prices of vegetables which are a key contributor to high inflation.

The prices of vegetables declined by 10 percent in June compared to May, according to the CAPMAS report.

The analyst told Xinhua that the prices of vegetables have caused 1.40 points in the rate of monthly changes.

He added that the Central Bank of Egypt's policy that kept the rates steady in May and June have stabilized the food prices.

However, el-Desoqy predicted the inflation might increase because of the decision of hiking the fuel prices.

Egypt raised fuel prices on July 5 to 30 percent to meet the conditions of the International Monetary Fund's 12-billion-U.S.- dollar loan that saw highest inflation level of 33 percent in 2017.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001382152301
主站蜘蛛池模板: 西林县| 金门县| 家居| 丽江市| 赞皇县| 屯留县| 邢台县| 疏附县| 布尔津县| 建水县| 资源县| 涡阳县| 台东县| 桐城市| 房山区| 新干县| 理塘县| 玉屏| 南平市| 惠州市| 白银市| 克山县| 衡南县| 革吉县| 通渭县| 当雄县| 黄龙县| 吉首市| 汝阳县| 牟定县| 周宁县| 磴口县| 平陆县| 正蓝旗| 贵港市| 灵寿县| 徐汇区| 香港| 酒泉市| 齐齐哈尔市| 万宁市|