CBE: Annual inflation rate falls to 5.9% in July

The Central Bank of Egypt (CBE) has announced that Egypt’s annual inflation rate declined to 5.9 percent in July 2019, compared to 6.4 percent in June of the same year.

In a statement released on Thursday, the CBE said Egypt’s annual consumer price inflation slipped to 0.1 percent in July 2019, against 0.3 percent in June of the same year.

Source: State Information Service Egypt