#EGYPT INFLATION RATE

The inflation rate in Egypt was recorded at 11.70 percent in December of 2013. Inflation Rate in Egypt is reported by the Central Bank of Egypt. Inflation Rate in Egypt averaged 8.91 Percent from 1958 until 2013, reaching an all time high of 35.10 Percent in June of 1986 and a record low of -4.20 Percent in August of 1962. In Egypt, the headline Consumer Price Index (CPI) measures the change in the cost of a fixed basket of goods and services that are purchased by a representative sample of households from urban areas, which include Cairo, Alexandria, urban Lower Egypt, urban Upper Egypt, Canal cities and Frontier governorates. The most important categories in the headline CPI are Food and Beverages (40 percent of total weight); Housing, Water, Electricity, Gas and other Fuels (18.4 percent); Medical Care (6.3 percent) and Transportation (5.7 percent). Clothing and Footwear account for 5.4 percent of total index and Education for 4.6 percent. Hotels, Cafes and Restaurants represent 4.4 percent of total weight and Furnishings, Household Equipment and Routine Maintenance of the Dwelling for 3.8 percent. Miscellaneous Goods and Services account for 3.7 percent, Communications 3.1 percent, Recreation and Culture 2.4 percent and Tobacco and Related Products 2.2 percent. This page contains – Egypt Inflation Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news

http://www.tradingeconomics.com/egypt/inflation-cpi

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