{"id":383915,"date":"2025-03-10T13:11:51","date_gmt":"2025-03-10T16:11:51","guid":{"rendered":"https:\/\/anba.com.br\/?p=383915"},"modified":"2025-03-10T13:12:18","modified_gmt":"2025-03-10T16:12:18","slug":"egypt-inflation-nearly-halves","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/egypt-inflation-nearly-halves\/","title":{"rendered":"Egypt inflation nearly halves"},"content":{"rendered":"\n<p>S\u00e3o Paulo \u2013 Egypt\u2019s annual urban consumer price inflation fell sharply to 12.8% in February, down from 24% in January, according to the latest data from the country\u2019s Central Agency for Public Mobilization and Statistics, <a href=\"https:\/\/www.arabnews.com\/\" target=\"_blank\" rel=\"noopener\">Arab News<\/a> reported on Monday.<\/p>\n\n\n\n<p>The statistics agency attributed the decline to the base effect, noting that the exceptionally high price increases observed over the past two years are no longer influencing the inflation rate.<\/p>\n\n\n\n<p>On a month-to-month basis, consumer prices increased by 1.4% in February, a slight decrease from January\u2019s 1.5% rise. This marks the fourth time in the last seven months that inflation has slowed, following a period of acceleration that began in August 2023.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Where is Egypt&#8217;s inflation coming from?<\/strong><\/h2>\n\n\n\n<p>Last year\u2019s inflationary pressures were primarily driven by rising fuel prices, higher public transportation fares, and a 300% hike in the price of subsidized bread in May, marking the first such increase in over 30 years.<\/p>\n\n\n\n<p>The February slowdown was mainly attributed to an 8.2% drop in vegetable prices, while costs for water, electricity, and gas remained stable, among other factors.<\/p>\n\n\n\n<p><em>Read more:<br><\/em><a href=\"https:\/\/anba.com.br\/en\/saudi-consumer-spending-surges-ahead-of-ramadan\/\">Saudi consumer spending surges ahead of Ramadan<\/a><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-383909\">\u00a9Doaa Adel\/NurPhoto\/AFP<\/div>","protected":false},"excerpt":{"rendered":"<p>Annual price inflation fell to 12.8% in February, down from 24% in January. Vegetable prices saw an 8.2% drop, while costs for water, electricity, and gas remained stable.<\/p>\n","protected":false},"author":2316,"featured_media":383909,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[48455,4614,17011,49082,9757,3916,6463,10090],"class_list":{"0":"post-383915","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-egypt-2","9":"tag-electricity","10":"tag-foods","11":"tag-gas-2","12":"tag-inflation-en","13":"tag-prices","14":"tag-vegetables","15":"tag-water-en"},"wps_subtitle":"Annual price inflation fell to 12.8% in February, down from 24% in January. Vegetable prices saw an 8.2% drop, while costs for water, electricity, and gas remained stable.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/383915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=383915"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/383915\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/383909"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=383915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=383915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=383915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}