Arab Today, arab today egypt inflation drops to 41 percent
Last Updated : GMT 16:20:11
Arab Today, arab today
Arab Today, arab today

Egypt inflation drops to 4.1 percent

Arab Today, arab today

Arab Today, arab today Egypt inflation drops to 4.1 percent

Cairo - Arabstoday

Egypt\'s annual inflation in November dropped to 4.1 per cent, its lowest level since March 2006, mainly due to a significant slowdown in the growth rate of food prices, data from Egypt\'s official statistics agency showed on Monday. Prices of food and drink, which have the highest weight in the consumer price index, grew 5.3 per cent in comparison to November 2011 but dropped a sharp 2.7 per cent below October 2012\'s figures. The overall inflation rate dropped 1.5 per cent on a monthly basis. From Ahramonline

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