CAPMAS: Annual inflation rate declined to 27.1% by June -2024 End
First Bank
The Central Agency for Public Mobilization and Statistics announced an decrease in the annual inflation rate for commodity prices in the total republic during June 2024 to 27.1%, compared to 27.4% at the end of May 2024.
The most important reasons for this decline are due to the decrease in prices of the group of fish and seafood by (0.04%), the group of fruits declined by 2.6%, the group of sugar fell by 1%,
The group of grains and bread increased by 13.5%, the group of meat and poultry rose by 3.7% the group of vegetables rose by 2.3%.
