CAPMAS: Inflation rate jumps to 29.6% in Jan.
Central Agency for Public Mobilization and Statistics (CAPMAS)
Cairo - MENA
Egypt's annual inflation rate jumped to 29.6 percent in January up from 24.3 percent in December, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).
The annualized urban consumer price inflation jumped to 28.1 percent in January from 23.3 percent in December, its highest level since Central Bank of Egypt (CBE) records began in 2005, CAPMAS said on Saturday.
Prices have soared since Egypt abandoned its currency peg to the US dollar on November 3, the pound has roughly halved and urban consumer price inflation has doubled from 13.6 percent in October.
Food and beverage prices in January rose 37.2 percent in urban areas, the CAPMAS data showed.
GMT 06:01 2017 Saturday ,11 March
Egypt’s Feb. annual urban consumer price inflation hits 30-yr highGMT 23:43 2017 Friday ,10 March
Egypt's headline inflation continues rising streak to hit 31.7% in February: CAPMASGMT 16:35 2017 Thursday ,09 March
CAPMAS: Annual inflation rate up 31.7% in FebGMT 03:51 2017 Wednesday ,01 March
Egypt's trade deficit down 19.9pct year-on-year in OctoberGMT 03:42 2017 Wednesday ,01 March
Egypt cabinet approves law abolishing prison terms in bankruptcy cases
- Saturday ,11 March GMT 06:01 2017 Egypt’s Feb. annual urban consumer price inflation hits 30-yr high
- Friday ,10 March GMT 23:43 2017 Egypt's headline inflation continues rising streak to hit 31.7% in February: CAPMAS
- Wednesday ,01 March GMT 03:42 2017 Egypt cabinet approves law abolishing prison terms in bankruptcy cases
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 05:06 2024 Tuesday ,06 February
New hunt for flight MH370 gets under way
GMT 06:15 2018 Tuesday ,23 January
Volkswagen clinches record sales
GMT 15:23 2018 Thursday ,30 August
School bus safety to be enhanced under new transport master plan
GMT 10:39 2013 Wednesday ,17 July
Nelly Karim\'s new drama turning point in her career
GMT 09:54 2018 Wednesday ,24 January
'Friendly and kind' N. Korean skaters
GMT 11:03 2018 Tuesday ,23 January
No end to eyesores at Taj Mahal
GMT 10:56 2017 Tuesday ,21 March
MP amongst Palestinians kidnapped by IOF overnightGMT 18:05 2012 Friday ,09 November
Rome film fest favours emerging directors
GMT 17:41 2017 Monday ,27 February
South Korean prosecutors are denied Park scandal probe extension
GMT 12:19 2016 Monday ,28 March
Japan loses track of $273m black hole satellite
GMT 21:39 2017 Monday ,06 March
Arab Movement forces control Timbuktu
GMT 07:58 2014 Sunday ,28 December
Wild Oats XI wins record eighth Sydney to Hobart yacht race honours
GMT 14:13 2017 Saturday ,11 March
CHELSEA Beat SWANSEA City 3-1
GMT 09:09 2017 Thursday ,21 September
Kagawa leads Dortmund 'fire engine' back
GMT 06:43 2017 Thursday ,23 March
Wael Jassar says he still works with Arabica
GMT 07:41 2017 Thursday ,16 March
IOF raid West Bank, injure five, arrest 23 by dawn
GMT 12:37 2017 Wednesday ,15 March
Antarctic penguin numbers
GMT 13:10 2017 Friday ,15 December
6,700 Rohingya killed in first month of Myanmar violence
GMT 08:06 2017 Saturday ,09 December
Turkey's Erdogan holds visit to Greece
GMT 11:39 2017 Saturday ,25 February
Russian cargo ship docks
GMT 08:02 2017 Wednesday ,08 November
Dubai records 7.5% rise in touristsGMT 20:37 2011 Friday ,05 August
NFL commissioner, union boss sign new deal
GMT 10:18 2018 Thursday ,30 August
Iran incapable of closing Hormuz, Bab Al Mandeb
GMT 11:05 2017 Thursday ,15 June
Yas Mall will open for 24 hours during Eid; shops to offer up to 90% discount
GMT 20:43 2016 Wednesday ,11 May
Libya's Sarraj arrives in Cairo
GMT 09:00 2017 Tuesday ,25 July
Reliance rattles Indian telcos again by unveiling 'free' 4G mobile phone
GMT 12:08 2016 Monday ,12 December
Foreigners sell South Korean stocks in 6 months
GMT 02:50 2015 Saturday ,18 April
Positive indicators for Egypt economy
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor