Egypt Independent

CBE: Annual inflation increases to 8.56 percent in June

Annual inflation has increased to 8.56 percent, the Central Bank of Egypt (CBE) said on Wednesday.
The inflation index excluded some goods whose prices are identified administratively, as well as others that are affected by temporary supply shocks.
Several items including vegetables and fruits, which represent 8.8 percent of the commodity bundle in Egypt, were excluded from the index, as were administratively-specified elements, which represent 19.4 percent of the market.
Edited translation from MENA