{"id":633287,"date":"2024-07-10T00:00:00","date_gmt":"2024-07-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/10\/urban-inflation-eased-to-27-5-in-june\/"},"modified":"2024-07-10T00:00:00","modified_gmt":"2024-07-10T00:00:00","slug":"urban-inflation-eased-to-27-5-in-june","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/10\/urban-inflation-eased-to-27-5-in-june\/","title":{"rendered":"Urban inflation eased to 27.5% in June"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, folks. The long weekend is finally here. <\/strong>We hope you all have a restful, enjoyable break with family and friends.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY TODAY<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Annual inflation eased for the fourth month in a row in June: <\/strong>Annual urban inflation cooled to 27.5% in June, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8757d10a-4390-4b5a-9dbc-4205d62e07a3\/\" style=\"\" rel=\"noopener\">down from 28.1% in May<\/a>. The drop came despite a slight increase of food inflation to 31.9% y-o-y in urban areas, according to figures from state statistics agency Capmas.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Monthly inflation rose again after a surprising decline in May:<\/strong> On a monthly basis, urban inflation recorded 1.6% m-o-m in June after it saw its biggest decline since June 2019 in May.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>NATO leaders are expected to announce new aid for Ukraine ahead of the US elections.<\/strong> US President Joe Biden, whose fitness for office has been under scrutiny, is hosting the annual NATO summit in Washington today, and leading their agenda is the aid to Kiev. Ukraine President Volodymyr Zelenskiy has been urging Biden to take action ahead of elections, as opposing candidate Donald Trump has been vocally critical of the amount of aid being sent to the country, which could come into play following the US elections in November. As a safeguard, Zelenskiy will be meeting with US Republican House of Representatives Speaker Mike Johnson during the summit, of which Ukraine is a guest, to discuss security assurances. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/biden-nato-members-poised-unveil-new-ukraine-aid-summit-2024-07-10\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-10\/zelenskiy-urges-nato-to-help-kyiv-now-before-the-us-election?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a>)<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM:<\/strong><\/p>\n<ul>\n<li><strong>Our new cabinet held its first meeting yesterday,<\/strong> where it <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f732331d-9f7c-4d65-8384-b206261ea878\/egypt%25e2%2580%2599s-new-cabinet-approves-energy-agreements,-education-amendments,-taxation-changes-in-first-meeting\" style=\"\" rel=\"noopener\">approved<\/a> a number of decisions.<\/li>\n<li><strong>Glass maker High Glass comes under Dr Greiche\u2019s umbrella: <\/strong>Homegrown glass manufacturers <a target=\"_blank\" href=\"https:\/\/drgreiche.com\/?fbclid=IwZXh0bgNhZW0CMTAAAR1aR5ERJWSOPJ2mcKxRb31FTqZL0kEQ0i9jVPeEBuDALpomHOnxkflvKe8_aem_CvyC4wfjBXnIEpxir0qv8g\" style=\"\" rel=\"noopener\">Dr Greiche Glass<\/a> and <a target=\"_blank\" href=\"https:\/\/www.highglass-egy.com\/?fbclid=IwZXh0bgNhZW0CMTAAAR1FMBq0EACg7FGgRvirc11hyHECMYCzcKv5Z-bcSqoHyNDehybsogy3oZk_aem_QEfVxqMN9CPUP_Te196CUQ\" style=\"\" rel=\"noopener\">High Glass<\/a> have come together under a strategic merger agreement, in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/aeeef2cc-fef7-4264-808e-2e49b4c691b0\/dr-greiche-glass-and-high-glass-ink-strategic-merger-agreement\" style=\"\" rel=\"noopener\">a bid to boost the new entity\u2019s growth<\/a> in Egypt and foreign markets.<\/li>\n<li><strong>EEP to launch two new schools by 2025:<\/strong> The Egypt Education Platform (EEP) <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e1e93e97-a640-4519-9bdc-69be48815b08\/egypt-education-platform-will-build-two-schools-in-alexandria,-soma-bay-by-september-2025\" style=\"\" rel=\"noopener\">plans to set up two new schools<\/a> in Alexandria and Somabay by September 2025.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2600\ufe0f <\/strong><strong>TOMORROW\u2019S WEATHER- <\/strong>We\u2019re seeing a high of 40\u00b0C and a low of 28\u00b0C in Cairo, according to our favorite weather app. Alexandria and Sahel are a bit cooler with a high of 33\u00b0C and a low of 25\u00b0C at night. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, folks. The long weekend is finally here. We hope you all have a restful, enjoyable break with family and friends. THE BIG STORY TODAY Annual inflation eased for the fourth month in a row in June: Annual urban inflation cooled to 27.5% in June, down from 28.1% in May. The drop came despite [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":633288,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7213],"tags":[104,633,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-633287","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-economy","tag-enterprisepm","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"014bea89-adad-4f3b-80e0-ca1738205af4","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/4\/730.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[633285],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.8f4506cc-90b9-4289-a0d8-4c51c3225d1b.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Urban inflation eased to 27.5% in June - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/10\/urban-inflation-eased-to-27-5-in-june\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Urban inflation eased to 27.5% in June\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, folks. The long weekend is finally here. We hope you all have a restful, enjoyable break with family and friends. THE BIG STORY TODAY Annual inflation eased for the fourth month in a row in June: Annual urban inflation cooled to 27.5% in June, down from 28.1% in May. The drop came despite [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/10\/urban-inflation-eased-to-27-5-in-june\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-10T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/730.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/10\/urban-inflation-eased-to-27-5-in-june\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/10\/urban-inflation-eased-to-27-5-in-june\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Urban inflation eased to 27.5% in June\",\"datePublished\":\"2024-07-10T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/10\/urban-inflation-eased-to-27-5-in-june\/\"},\"wordCount\":391,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/10\/urban-inflation-eased-to-27-5-in-june\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/730.jpg?fit=%2C&ssl=1\",\"keywords\":[\"economy\",\"EnterprisePM\",\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/10\/urban-inflation-eased-to-27-5-in-june\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/10\/urban-inflation-eased-to-27-5-in-june\/\",\"name\":\"Urban inflation eased to 27.5% in June - 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The long weekend is finally here. We hope you all have a restful, enjoyable break with family and friends. THE BIG STORY TODAY Annual inflation eased for the fourth month in a row in June: Annual urban inflation cooled to 27.5% in June, down from 28.1% in May. 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We hope you all get some much-needed rest this weekend.THE BIG STORY TODAY Inflation falls for the fifth consecutive month: Annual headline inflation in Egyptian cities eased by 1.8 percentage points to 25.7% in July, down from 27.5% in June, according to figures from\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":646262,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/annual-inflation-falls-to-29-7-in-may\/","url_meta":{"origin":633287,"position":1},"title":"Annual inflation falls to 29.7% in May","author":"enterpriseam admin","date":"11 June 2017","format":false,"excerpt":"Inflation falls in May: Annual urban consumer headline inflation fell to 29.7% in May, down from 31.5% in April, according to CAPMAS, while monthly urban inflation rate was unchanged from April at 1.7%. Food price inflation eased slightly, dropping to 41.1% in May. Annual core inflation eased to 30.57% in\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":633355,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/14\/annual-inflation-falls-to-lowest-level-in-17-months\/","url_meta":{"origin":633287,"position":2},"title":"Annual inflation falls to lowest level in 17 months","author":"enterpriseam admin","date":"14 July 2024","format":false,"excerpt":"Food and beverage prices rose 31.9% y-o-y in June","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/949.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":669873,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/inflation-cools-for-second-consecutive-month-hitting-13-9-in-july\/","url_meta":{"origin":633287,"position":3},"title":"Inflation cools for second consecutive month, hitting 13.9% in July","author":"enterpriseam admin","date":"10 August 2025","format":false,"excerpt":"Good afternoon, friends, and welcome to the start of another workweek. It\u2019s a calm day on the news front, and at home, we\u2019re celebrating a cooling inflation rate. THE BIG STORY TODAY- Annual headline urban inflation cooled further for the second consecutive month to hit 13.9% in July, down from\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/833.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":662079,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/10\/annual-urban-headline-inflation-falls-to-12-8-in-february\/","url_meta":{"origin":633287,"position":4},"title":"Annual urban headline inflation falls to 12.8% in February","author":"enterpriseam admin","date":"10 March 2025","format":false,"excerpt":"Good afternoon, friends, and happy Monday. Amid a general slowdown in the international and domestic presses this month, we have all the latest for you \u2014 including Capmas\u2019 inflation figures for February and tidings of the potential collapse of Elon Musk\u2019s business empire.THE BIG STORY TODAY Annual headline urban inflation\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/761.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":638196,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/","url_meta":{"origin":633287,"position":5},"title":"Inflation falls to lowest level since December 2022, recording of 25.7% in July","author":"enterpriseam admin","date":"11 August 2024","format":false,"excerpt":"Monthly inflation fell to 0.4% in July from 1.6% the month before.","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/826.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/633287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=633287"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/633287\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/633285"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/633288"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=633287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=633287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=633287"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=633287"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=633287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}