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Reuters
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Data from the Egyptian Central Agency for Public Mobilization and Statistics showed today, Tuesday, that price inflation for urban consumers rose to 5.4% in July 2021 on an annual basis, from 4 , 9% in June 2021.
On a monthly basis, price inflation in July 2021 increased by 0.9%.
The poverty rate in Egypt rose to 29.7% in fiscal year 2019-2020, compared to 32.5% in 2017-2018.
The average annual family net income at the level of the Republic increased by 14.4% to 69.1 thousand pounds in 2019-2020 against 60.4 thousand pounds in 2017-2018, according to government data.
Source: Reuters
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