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Egypt's annual urban inflation hits 8.3% in May: CAPMAS
Annual urban inflation in May was 8.3% compared to 8.2% in the same month last year, reports the state statistics body
Ahram Online Published in Ahram Online on 10 - 06 - 2014

Egypt's annual urban inflation was 8.3 percent in May, state statistical body CAPMAS announced on Tuesday.
However, monthly urban inflation declined in May to record -0.7 percent compared to 0.2 percent in April.
According to CAPMAS, the yearly headline inflation rate was 8.3 percent in May compared to 8.2 percent in the same month in 2013. But on a monthly basis the consumer prices index eased to -0.9 percent from 0.6 percent.
May's inflation rise is the smallest increase since November 2013 when Egypt's urban inflation hit a three-year high of 13 percent.
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