{"id":638196,"date":"2024-08-11T00:00:00","date_gmt":"2024-08-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/"},"modified":"2024-08-11T00:00:00","modified_gmt":"2024-08-11T00:00:00","slug":"inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/","title":{"rendered":"Inflation falls to lowest level since December 2022, recording of 25.7% in July"},"content":{"rendered":"

Annual inflation ease<\/strong>d for the fifth consecutive month in July:<\/strong> Annual urban inflation cooled to 25.7% in July, down 1.8 percentage points from 27.5% in June<\/a>, according to data from state statistics agency Capmas. This came despite recent hikes to the prices of subsidized bread and fuel. July\u2019s inflation figure is the lowest recorded since December 2022<\/strong>, according to our internal tracker. <\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

Food and beverage inflation was on the retreat after rising in June:<\/strong> Food and beverage prices \u2014 the largest component of the basket of goods and services used to calculate headline inflation \u2014 continued to rise but at a softer rate of 29.7% y-o-y in July, down 2.2 percentage points from a month prior. On a monthly basis, the rate of food and beverage inflation came in at only 0.3%, down 1.3 percentage points from the month before \u2014 this helped monthly inflation slow to 0.4% in July from 1.6% the month before. <\/p>\n

Inflation came in lower than expectations:<\/strong> Analysts saw inflation cooling in July, but not as much as it did. A Reuters<\/a> poll of 18 analysts forecasted annual urban inflation easing to 26.6% in July \u2014 a whole 0.9 percentage points higher than Capmas\u2019 reading. <\/p>\n

Core inflation also softened:<\/strong> Annual core inflation \u2014 which excludes volatile items such as food and fuel \u2014 slowed to 24.4%, down from 26.6% in June, according to data from the Central Bank of Egypt<\/a>. While monthly core inflation was negative for the second time since August 2021, coming in at -0.5%, down from 1.3% in June. <\/p>\n

Inflation is on a downward path, but August will have to deal with additional inflationary <\/strong>pressures: <\/strong>There seems to be a broad consensus that the rate of inflation will continue to fall throughout the year into the next, with Capital Economics forecasting that the country should be within reach of the Central Bank of Egypt\u2019s target of 7% (\u00b12%) in Q1 2025. However, Capital Economics points out that fuel price hikes<\/a> in July only came in at the end of the month and that we will only fully see their impact in August. Economist Mona Bedair agrees and adds that the readings also do not take into account<\/a> metro ticket price hikes<\/a> that came into effect in the beginning of August. <\/p>\n

Looking into August\u2019s crystal ball:<\/strong> Economic analyst Dina El Wakkad said in a separate note<\/a> that she expects headline inflation figures for August to come in between 25.3-25.6%. Bedair has a more optimistic forecast, seeing inflation figures for August falling between 25.1-25.6%.<\/p>\n

Promising inflationary data are reigniting speculation on when the CBE will start cutting <\/strong>rates: <\/strong>While the CBE is expected to keep interest rates unchanged during its next meeting on 5 September, Pharos Holding sees a potential rate cut coming by 4Q 2024, Pharos Holding economist Esraa Ahmed said in a note<\/a>. Capital Economics is a little more conservative, instead penciling in<\/a> 1Q 2025 for a rate cut with the possibility of an earlier cut on the back of even more promising inflation data.<\/p>\n","protected":false},"excerpt":{"rendered":"

Monthly inflation fell to 0.4% in July from 1.6% the month before.<\/p>\n","protected":false},"author":1,"featured_media":638197,"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":[7206],"tags":[330,104,72,182],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-638196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-capmas","tag-economy","tag-enterpriseam","tag-inflation","wpautop","entry"],"acf":{"mongo_id":"4c404f58-2406-4138-bee3-3b59858bfa5f","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/8\/826.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s inflation falls to lowest level since December 2022, recording 25.7% in July","related_issue":[638191],"teaser":"Monthly inflation fell to 0.4% in July from 1.6% the month before.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.c6a16b24-6ecb-4806-aee5-f005644667d2.mp3"},"yoast_head":"\nInflation falls to lowest level since December 2022, recording of 25.7% in July - 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\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inflation falls to lowest level since December 2022, recording of 25.7% in July\" \/>\n<meta property=\"og:description\" content=\"Monthly inflation fell to 0.4% in July from 1.6% the month before.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-11T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/826.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\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Inflation falls to lowest level since December 2022, recording of 25.7% in July\",\"datePublished\":\"2024-08-11T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/\"},\"wordCount\":511,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/826.jpg?fit=%2C&ssl=1\",\"keywords\":[\"CAPMAS\",\"economy\",\"EnterpriseAM\",\"inflation\"],\"articleSection\":[\"Economy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/\",\"name\":\"Inflation falls to lowest level since December 2022, recording of 25.7% in July - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/826.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-08-11T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/826.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/826.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Inflation falls to lowest level since December 2022, recording of 25.7% in July\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Inflation falls to lowest level since December 2022, recording of 25.7% in July - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/","og_locale":"en_US","og_type":"article","og_title":"Inflation falls to lowest level since December 2022, recording of 25.7% in July","og_description":"Monthly inflation fell to 0.4% in July from 1.6% the month before.","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-08-11T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/826.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Inflation falls to lowest level since December 2022, recording of 25.7% in July","datePublished":"2024-08-11T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/"},"wordCount":511,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/826.jpg?fit=%2C&ssl=1","keywords":["CAPMAS","economy","EnterpriseAM","inflation"],"articleSection":["Economy"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/","name":"Inflation falls to lowest level since December 2022, recording of 25.7% in July - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/826.jpg?fit=%2C&ssl=1","datePublished":"2024-08-11T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/826.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/826.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/inflation-falls-to-lowest-level-since-december-2022-recording-of-25-7-in-july\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Inflation falls to lowest level since December 2022, recording of 25.7% in July"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/826.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/826.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/826.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":553861,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/12\/urban-inflation-dips-to-lowest-level-since-july\/","url_meta":{"origin":638196,"position":0},"title":"Urban inflation dips to lowest level since July","author":"enterpriseam admin","date":"12 December 2021","format":false,"excerpt":"Annual urban inflation slowed for the second month running in November as pressure on food prices continued to ease, according to official figures released on Thursday. The headline rate fell to 5.6% last month from 6.3% in October, the lowest rate since July and within the lower end of the\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/291.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542673,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/11\/urban-inflation-rises-to-5-9-in-december-below-expectations\/","url_meta":{"origin":638196,"position":1},"title":"Urban inflation rises to 5.9% in December, below expectations","author":"enterpriseam admin","date":"11 January 2022","format":false,"excerpt":"Annual urban inflation rose to 5.9% in December from 5.6% in November, ending a two-month downward trend despite a slowdown in food price inflation, according to figures released yesterday by statistics agency Capmas. On a monthly basis, consumer prices fell for the first time in 11 months, dipping 0.1% due\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/118.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573589,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/egypts-inflation-decelerated-in-july-to-4-2-below-expectations\/","url_meta":{"origin":638196,"position":2},"title":"Egypt\u2019s inflation decelerated in July to 4.2%, below expectations","author":"enterpriseam admin","date":"11 August 2020","format":false,"excerpt":"Annual headline inflation decelerated to 4.2% in July, down from an uptick to 5.6% in June, according to central bank figures (pdf). The central bank attributed the decline to a favorable base effect. Monthly headline urban figures remained restrained at 0.4% in July, compared to 1.8% during the same month\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/8\/75.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577923,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/11\/inflation-accelerates-to-five-year-high-in-november\/","url_meta":{"origin":638196,"position":3},"title":"Inflation accelerates to five-year high in November","author":"enterpriseam admin","date":"11 December 2022","format":false,"excerpt":"Deval drives inflation to five-year high: Urban annual inflation accelerated to 18.7% in November, up from 16.2% in October, according to figures from state statistics agency Capmas. November\u2019s inflation figures are the highest in nearly five years, driven primarily by rising food and beverage prices. On a month-on-month basis, urban\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/181.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548518,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/11\/inflation-hits-new-three-year-high-in-july\/","url_meta":{"origin":638196,"position":4},"title":"Inflation hits new three-year high in July","author":"enterpriseam admin","date":"11 August 2022","format":false,"excerpt":"Inflation resumed its upward trend in July, reaching a fresh three-year high on the back of higher food and fuel prices, according to official figures from state statistics agency Capmas (pdf). Consumer prices in urban areas rose 13.6% y-o-y in July, up from 13.2% in June when prices unexpectedly cooled\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/216.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577168,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/13\/inflation-hits-four-year-high-in-october\/","url_meta":{"origin":638196,"position":5},"title":"Inflation hits four-year high in October","author":"enterpriseam admin","date":"13 November 2022","format":false,"excerpt":"Inflation accelerates again in October: Urban inflation hit its highest level in four years in October on the back of surging food prices. The annual rate of inflation rose to 16.2% during the month from 15.0% in September, according to figures (pdf) released Thursday by state statistics agency Capmas. This\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/194.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\/638196","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=638196"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/638196\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/638191"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/638197"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=638196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=638196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=638196"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=638196"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=638196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}