Inflation in Egypt continued to rise at the end of 2022, the government’s statistics agency announced Tuesday.
Egypt’s annual headline inflation rose to 21.9% in December, up from 19.2% in November 2022 and 6.5% in December 2021. This was due to prices rising across numerous sectors, including food, water, gas, electricity, housing, health insurance and more, according to the Central Agency for Public Mobilization and Statistics.