Headline Inflation Rises to 5.9% in December 2021

Giving More to Your Wealth
10 Jan 2022

CAPMAS (The Center for Public Mobilization & Statistics) has announced inflation figures for December 2021. Annual headline inflation rose to 5.9% versus 5.6% in November 2021. This comes despite monthly inflation decreasing, with prices declining by 0.1% MoM. Core inflation, which does not include items that have volatile fluctuations such as food and energy, went up to an annual 6% in December 2021 versus recording 5.8% in November 2021.

(Source: Reuters (English), Daily News Egypt (English), Zawya, al-Ahram, al-Sharq Business, al-Arabiya, al-Sharq al-Awsat, Sputnik)

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