inflation

Protest against soaring food prices erupts before ministers’ council
Egypt

Protest against soaring food prices erupts before ministers’ council

A demonstration was staged in front of the Cairo headquarters of Egypt's Council of Ministers on Sunday to protest soaring…
Laborers stage protests nationwide to demand better salaries
Egypt

Laborers stage protests nationwide to demand better salaries

Labor protests erupted in several Egyptian cities on Wednesday, all of which featured demands by workers for salary raises in…
Egyptian pound falls to lowest since June 2006
Business

Egyptian pound falls to lowest since June 2006

The Egyptian pound weakened to 5.7580 against the US dollar on Wednesday, its lowest since June 2006, with dealers in…
Govt plans to increase supply of basic commodities
Business

Govt plans to increase supply of basic commodities

The Ministry of Investment has approved a state-run plan to increase the supply of basic commodities in a bid to…
Agriculture Ministry officials blame low tomato yields on virus
Business

Agriculture Ministry officials blame low tomato yields on virus

The Ministry of Agriculture is in the process of drawing up technical committees to examine tomato production throughout the country…
Prime Minister: Soaring food prices ‘outside government’s control’
Business

Prime Minister: Soaring food prices ‘outside government’s control’

Soaring meat and vegetable prices represented a "seasonal phenomenon" caused by crop damage resulting from poor weather conditions and were…
Prime Minister blames vegetable price hikes on inclement weather
Business

Prime Minister blames vegetable price hikes on inclement weather

Egyptian Prime Minister Ahmed Nazif blamed the recent increase in vegetable prices and a resultant rise in inflation on spoiled…
CBE: Annual inflation rate fell to 7.59% in September
Business

CBE: Annual inflation rate fell to 7.59% in September

Egypt's basic inflation rate increased by 0.22 percent in September while the annual rate fell to 7.59 percent during the…
Soaring vegetable prices strain household budgets in governorates
Business

Soaring vegetable prices strain household budgets in governorates

Vegetable prices continued to rise this week in governorates throughout Egypt, with per-kilo tomato prices reaching LE13; garlic LE9; cucumbers…
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