CAPMAS: Annual inflation rate declined to 25.2% by July -2024 End
First Bank
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The Central Agency for Public Mobilization and Statistics announced an decrease in the annual inflation rate for commodity prices in the total republic during July 2024 to 25.2%, compared to 27.1% at the end of June 2024.
The most important reasons for this decline are due to the decrease in prices of The group of grains and bread by 1.04%, in addition the group of sugar fell by 2%,, and the group of meat and poultry witnessed an decrease by 5.7%
The group of fish and seafood by (0.04%) the group of vegetables rose by 19.6%. the group of fruits increased by 3.7%,