CAPMAS: Annual inflation rate declined to 31.8% by April -2024 End

The Central Agency for Public Mobilization and Statistics announced an decrease in the annual inflation rate for commodity prices in the total republic during April 2024 to 31.2%, compared to 33.1% at the end of March 2024.

The most important reasons for this decline are due to the decrease in prices of the group of grains and bread by -3.7%, the group of meat and poultry fell by 1.8%, and the group of other foods declined by 5.7%.

In addition, the group of vegetables rose by 0.3%, the group of fruits increased by 3.5% the group of sugar rose by 0.9%, and the group of coffee, tea, and cocoa increased by 0.6%, and the group of fish and seafood rose by (1.1%), and the group of dairy, cheese and eggs by (0.6%).

The Central Agency for Public Mobilization and Statistics indicated that the monthly inflation rate for the total republic recorded 0.9% during April 2024, compared to 1.0% during March 2024.