Friday, July 11, 2008

Inflation rises to 20.2%, with a retreat in the standard of living

(Almasry alyoum)

The Central Agency for Public Mobilization and Statistics, announced the increasing inflation rate in urban areas across the Republic, up to 20.2% in June this year, an increase of 0.6% compared with May . Experts expect continued increase, especially with the global trend of food prices to rise, and the adoption of Egypt on imports, with a retreat in the standard of living. .

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